Core Processing – ACH Processing R1.0 Release Notes
Release Date: March 21, 2022
New Features/Improvements
Same-Day ACH Limit Increase
This feature enhances the same-day ACH process and enables an increase in the ACH limit. Now the ACH limit has been increased to $1 million. The original transaction limit was $100,000 prior to this enhancement. Same-day ACH is a process that allows both credit and debit transactions for processing on the same day these have been transmitted before the cut-off time each day. This service provides flexibility for our customers to pay on-time, provide faster crediting to late payments, and crediting account to account transactions.
The list of processors we support are listed below:
- CBW Bank
- Comerica
- First Republic Bank
- Silicon Valley Bank
- CB
- TD
- Western Alliance Bank
- Wells Fargo Main
Bugs Addressed
N/A
Known Issues
N/A