A Potential Headache: Not Everyone is Happy with Fed Same-Day ACH Rule
The Federal Reserveâs new ACH Rule is drawing considerable criticism for two particular issues: the rule that requires that receiving depository financial institutions (RDFIs) must accept same-day ACH transactions and that they must incur the costs for processing those transactions. Many small credit unions argue that they should have the opportunity to opt-out of same-day transactions. [9/28/15
