Does your organization generally agree with adding a third Same Day ACH processing window as described in the Request for Comment? Yes No Don’t know No opinion Please explain why or why not. Regardless of your answer to Question 1, if a new, third Same Day ACH processing window is added, do you agree with the proposed schedule? Yes No Don’t know No opinion If you answered No, what change(s) to the proposed schedule do you suggest? What types of Same Day ACH transactions do you think would be used in a new, third Same Day ACH processing window? (check all that apply) Payroll Other business/government to consumer disbursements Consumer bill payments Consumer transfers Consumer payments B2B payments All eligible transactions Other Don’t know If you checked Other, please identify: Thinking about the types of transactions you selected in Question 3, please provide your best estimate of the volume of Same Day ACH transactions for your organization that would be processed in this new, third Same Day ACH window per month. Greater than 100,000 10,001 – 100,000 1,001 – 10,000 1–1,000 None Don’t know account
Less than $25,000 $25,000 - $100,000 $100,000 - $500,000 $500,000 - $1M Greater than $1M Don’t know Add a new, third Same Day ACH processing window with funds availability Faster funds availability for SDA and non-SDA credits Increase per-transaction dollar limit to $100K For Financial Institutions Only A later Same Day ACH processing and settlement window assumes that the operating hours of the Federal Reserve’s National Settlement Service (NSS) will be extended to 7:00 p.m. ET, and presumably Fedwire as well. On a scale of 1-5 (with “1” representing no impact, and “5” indicating extensive impact), please estimate the impact to your organization related to such extensions. Examples of impacts include technology, resources and/or processes. 1 = No impact 2 = Minimal impact 3 = Moderate impact 4 = Large impact 5 = Extensive impact Don’t know No opinion Wire Transfer Liquidity management Federal Reserve management / reconcilement Other If Other, please describe For any Large or Extensive impacts, please describe What is the minimum amount of time needed between the close of NSS and the close of Fedwire? 0 minutes 15 minutes 30 minutes 45 minutes 1 hour Don’t know No opinion
Section Six - Proposed Effective Dates Does your organization support the proposed effective date of March 15, 2019 for establishing new funds availability requirements for non-SDA ACH credits, and for SDA credits received in the first SDA processing window? Yes No Don’t know No opinion If No, what effective date would you support? June 21, 2019 September 20, 2019 Other If Other, please specify: Does your organization support the proposed effective date of September 20, 2019 for adding a new, third Same Day ACH processing window and its associated funds availability requirement? Yes No Don’t know No opinion If No, what effective date would you support? March 20, 2020 September 19, 2020 Other If Other, please specify: Does your organization support the proposed effective date of March 20, 2020 for increasing the per-transaction dollar limit for Same Day ACH entries? Yes No Don’t know No opinion If No, what effective date would you support? March 15, 2019 September 20, 2019 September 19, 2020 Other If Other, please specify: