ACH Debit Changes
Public Service Announcement:
SAME-DAY ACH DEBITS COMING SOON
Same-Day ACH (Automatic Clearing House) debit processing will take effect September 15, 2017.
When you make an electronic purchase or payment, you may be used to some lag-time between the transaction being made and the money leaving your bank account. Due to an operating rule regulation change in NACHA (National Automated Clearing House), ACH electronic debit transactions will be processed multiple times during the day, which means you may notice your payments clearing faster. For example, if you make an ACH payment or purchase in the morning, the transaction could clear from your account before 5:00pm on the same day.
To avoid any overdraft fees, always ensure that your account has sufficient funds to cover any purchases or payments that you may have authorized to post to your account.
With any questions, please feel free to contact us. We’re always happy to help!Share: