NACHA Rules Changes


January – ACH Rules Compliance Audit Requirements Consolidated in Article One

Previously the general obligation for participating DFIs (Depository Financial Institutions) and certain Third-Party Service Providers (TPSPs) and Third-Party Senders (TPSs) to conduct an audit was within Article One, Section 1.2.2. and the details pertaining to the audit obligations were located within Appendix Eight (Rule Compliance Audit Requirements) of the Rules.  Effective January 1, 2019, the requirement to conduct an annual compliance audit is consolidated within Article One of the Rules.  The prescribed list of topics that had been in Appendix Eight previously in the Rules is now part of the Guidelines as guidance. 

June – RDFIs (Receiving Depository Financial Institutions) have Option to Return for Questionable Transaction

Effective June 21, 2019, this change allows RDFIs, but it is not required of RDFIs, to indicate within a return that the original transaction was questionable or part of anomalous activity. RDFIs electing to return under this circumstance would use R17 as the return reason code and would indicate “QUESTIONABLE” in the Addenda information field.

September – Providing Faster Funds Availability for Same Day and Next Day ACH Credits

Effective September 20, 2019, this new rule increases the speed of funds availability for certain Same Day ACH and next-day ACH credits.  There are two changes with this rule, first, funds from Same Day ACH credits processed in the existing, first processing window will be made available to receivers by 1:30 p.m. RDFI local time.  Secondly, funds from non-Same Day ACH credits will be available by 9:00 a.m. RDFI local time on the settlement day, if the RDFI had them by 5:00 p.m. on the previous day.  This applies the existing “PPD rule” to all ACH credits.

Changes Coming Soon

Important Legal Disclosures & Information

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