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About Same-Day ACH

The payment landscape is evolving to meet the needs of consumers and businesses for faster payments. The launch of Same-Day ACH on September 23, 2016 gave businesses the option to send and receive domestic ACH credits of $25,000 or less the same business day###DISCLAIMER:2_0 About Same Day ACH###. With Same-Day ACH, your business will have the ability to send and receive ACH payments faster than ever before.

Same-Day ACH is being rolled out in three phases:
Phase 1 Phase 2 Phase 3
September 23, 2016 September 15, 2017 March 16, 2018
ACH Credits ACH Credits & Debits ACH Credits & Debits
All financial institutions must be able to receive Same-Day ACH credits by the close of their business day. Origination of Same-Day ACH credits is optional for financial institutions. All financial institutions must be able to receive Same-Day ACH debits by the close of their business day. Origination of Same-Day ACH debits is optional for financial institutions. Receiving financial institutions will be required to make funds available to recipients by 5:00 p.m. local time.

Union Bank is committed to following the Same-Day requirements with the launch of receipt of Same-Day ACH credits on September 23, 2016 and the receipt of Same-Day ACH debits on September 15, 2017. We now offer domestic Same-Day ACH credit origination, and we will begin offering Same-Day ACH debit origination in Q3 2018.



Click here to learn more about the benefits and uses of Same-Day ACH
Click here to learn more about how to start preparing for Same-Day ACH

tcm:9-74771 Contact your relationship manager or call Treasury Management Sales at 1-800-883-0285 for an in-person consultation.