Increasing the Same Day ACH Dollar Limit Effective Date - March 18, 2022 Meagan Norlund / Saturday, December 18, 2021 0 3082 Article rating: No rating This rule will continue to expand the capabilities of Same Day ACH. Increasing the Same Day ACH dollar limit to $1 million per payment is expected to improve Same Day ACH use cases, and contribute to additional adoption. Read more
Meaningful Modernization Effective Date - September 17, 2021 Meagan Norlund / Monday, April 12, 2021 0 3334 Article rating: No rating The overarching purpose of these rules is to improve and simplify the ACH user-experience by: Facilitating the adoption of new technologies and channels for the authorization and initiation of ACH payments... Read more
Reversals and Enforcement Effective Date - June 30, 2021 Meagan Norlund / Monday, April 12, 2021 0 2357 Article rating: No rating The overarching purpose of these two Rules is to deter and prevent, to the extent possible, the improper use of reversals and the harm it can cause. Read more
Limitation on Warranty Claims Effective Date - June 30, 2021 Meagan Norlund / Monday, April 12, 2021 0 1808 Article rating: No rating This rule limits the length of time in which an RDFI will be permitted to make a claim against the ODFI’s authorization warranty. Read more
Limitation on Warranty Claims Effective Date - June 30, 2021 Carlos Ortiz / Monday, April 12, 2021 0 2029 Article rating: No rating This rule limits the length of time in which an RDFI will be permitted to make a claim against the ODFI’s authorization warranty. Read more