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Same-Day ACH: Whose Interests are being Served?

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18 May 2009

Comments

  • Same day ACH, if it were for final settlement, would help businesses that have to wait to find out if the payment will ultimately be dishonored two business days later when the funds are yanked back.

    Businesses are tired of this ping pong game of getting the funds & then the funds are removed 1 or 2 days later.

  • Same day ACH will be beneficial to economy by reducing the turn-around times for transactions