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Official website of the United States Government U.S. Department of the Treasury
Bureau of the Fiscal Service
Training

ASAP: What Recipient Organizations Need to Know about Same Day ACH

Audience:

Intended for recipient organizations using ASAP.gov to make payment requests.


Location:

Online


Duration:

Wed, May 9, 2018 | 2:30pm – 3:30pm ET


Cost:

Free


Hosted by:

Payment Management


Point of Contact:

If you have any questions, please e-mail our Help Desk at

Event Details:

Electronic Funds Transfer (EFT) is the most secure and efficient way for the federal government to make payments and process collections.

The majority of EFT payments processed by the federal government are made through the Automated Clearing House (ACH) network.

Currently, only Fedwire payments can settle the same business day. This will change in March 2018, when ASAP.gov starts supporting same day ACH payments (SDA).

While this adds extra payment convenience, we’re still dedicated to maintaining payment integrity. As a result, Fiscal Service is offering several Same Day ACH webinars during the next few months so recipient organizations can learn more about this new functionality.

Last modified 07/23/18