DRAFT REQUEST FOR COMMENT



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Increasing the Same Day ACH Dollar Limit

Request for Comment

ACH Participant Survey

December 7, 2020

Comments Due by January 22, 2021

Nacha requests feedback on a proposal for a series of three additional increases to the dollar limit for all Same Day ACH payments on a set schedule. Questions are provided to explore the impact of this proposal on ACH Network participants. Comments are due by Friday, January 22, 2021.

The survey should be completed online at by January 22, 2021. For convenience, the survey questions are also provided within this document to assist respondents in gathering information from within their organizations.

Please provide responses to the respondent information section at the end of the survey. If responding to the online survey, this information will be gathered at the start of the survey.

Nacha Staff Contacts

Administrative questions: Maribel Bondoc, Manager, Network Rules

Fax (703) 787-0996

E-mail: mbondoc@

Questions: Debbie Barr, AAP, CTP, Senior Director, ACH Network Rules Process & Communication

E-mail: dbarr@

Section 1 – Proposal

|Does your organization agree that the Same Day ACH dollar limit should be raised from its current| |Yes |

|level of $100,000 per payment? | | |

| | |No |

| | |Don’t know |

|If No, please explain: |

|Does your organization agree that all ACH entries that are eligible for same-day processing | |Yes |

|should have the same dollar limit?[1] | | |

| | |No |

| | |Don’t know |

|If No, please explain: |

|Does your organization agree that the end-state of these scheduled increases should be the same | |Yes |

|dollar amounts as for non-same-day ACH payments? | | |

| | |No |

| | |Don’t know |

|If No, what do you think the end-state should be? |

|Does your organization support the proposed levels of the increases to the dollar limit? (Answer| |Yes |

|about the proposed effective dates separately in Question 4) | | |

| | |No |

| | |Don’t know |

|If No, please explain: |

|Does your organization support the proposed schedule of the increases to the dollar limit (i.e., | |Yes |

|the effective dates)? (Answer about the proposed levels separately in Question 3) | | |

| | |No |

| | |Don’t know |

|If No, please explain: |

|Do you agree Nacha should have the ability to pause the schedule, if necessary, without an | |Yes |

|additional rule change? | | |

| | |No |

| | |Don’t know |

|Are there new Same Day ACH uses created by increasing the dollar limit? | |Yes |

| | |No |

| | |Don’t know |

|If Yes, please explain: |

|As an Originator, Third-Party, or ODFI, would a higher dollar limit affect your usage of Same Day| |Significantly increase |

|ACH? | | |

| | |Increase |

| | |No change |

| | |Don’t know |

| | |NA |

|Please explain: |

|Are there new risks created by increasing the limit? | |Yes |

| | |No |

| | |Don’t know |

|If Yes, please explain: |

|Anticipated Impacts: |

| |

|On a scale of 1-5 (with “1” representing no impact, and “5” indicating extensive impact), please indicate the estimated impact of the proposed |

|changes to your organization in various areas: |

| |1 = |2 = Minimal |3 = Moderate |4 = |5 = Extensive |Don’t know |

| |No impact |impact |impact |Large impact |impact | |

|ACH Operations | | | | | | |

|Systems and technology | | | | | | |

|Risk management | | | | | | |

|Cash / settlement management | | | | | | |

|Other (Please identify): | | | | | | |

|Please provide any comments, especially if impacts are Large or Extensive: |

| |

|Please provide any other comments on this proposal: |

| |

Section 2 - Respondent Information

All Respondents

|Name | |

|Title | |

|Organization | |

|City, State | |

|Phone: | |Email: | |

|Please indicate your organization’s role(s) in the ACH Network: |

| |ODFI | |Payments Association |

| |RDFI | |Nacha Direct FI Member |

| |ACH Operator | |Government |

| |Non-FI end-user | |Third Party Service Provider |

| |Industry association | |Software/Technology provider |

| |Other: |

|What areas of your organization provided input for the responses to this survey? |

| |Operations | |Retail/online banking |

| |Product management | |Customer service |

| |Legal | |Compliance |

| |Information Technology/software | |Wholesale/corporate banking/treasury mgt |

| |Executive/strategy | | |

| |Other: |

Financial Institution Respondents

|Asset Size | |less than $500 million |

| | |$500 million - $5 billion |

| | |$5 billion - $25 billion |

| | |$25 billion - $100 billion |

| | |Greater than $100 billion |

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[1] Other dollar limits for ARC, BOC, POP, RCK and XCK entries would still apply.

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