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Same-Day ACH Payment Cap Rising To $1 Million Next Year

The same-day ACH payment limit is scheduled to increase tenfold — to $1 million from $100,000 — on March 18, 2022, according to a Monday (April 5) announcement by the group that oversees the network.

Nacha, which used to stand for the National Automated Clearing House Association, said in its news release that its members approved the change. The new higher limit will apply to all eligible same-day ACH payments, including credits and debits for both businesses and consumers, the group said.

ACH payment uses include payroll, business-to-business transactions, tax payments and insurance settlements, according to the group.

“Nacha has made a significant enhancement to Same Day ACH every year since it was introduced in 2016,” Nacha President and CEO Jane Larimer said in a prepared statement. “This enhancement reflects our commitment to see that the modern ACH Network meets the nation's needs for fast and efficient payments.”



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