August 1st 2024
4 months ago by Shayla Gibson
- Early Posting for Incoming ACH Credits
- Treasury Prime can support early payroll funds. Most payroll ACH instructions are generally sent well in advance of the effective date to make sure the funds are available. For example, ACH credit instructions received on the 25th with an effective date of the 27th can be made available sooner for end users.
- For this to be enabled at a Bank, reach out to your Relationship Manager or Treasury Prime Support
- For this to be enabled at a Fintech, your corresponding Bank will need to provide approval. Please reach out to your Relationship Manager or Treasury Prime Support
- Restrictions
- This is only available for credits; debits cannot be originated early through NACHA.
- NACHA limits credits to at most two business days in the future.
- The bank must fund the early credits
- Documentation
- New guide added here
- Treasury Prime can support early payroll funds. Most payroll ACH instructions are generally sent well in advance of the effective date to make sure the funds are available. For example, ACH credit instructions received on the 25th with an effective date of the 27th can be made available sooner for end users.
- Check Deposit Status Conversion
- The Update:
- Old Status:
pending - New Status:
pending_review
- Old Status:
- Description:
pending_reviewwill now indicate checks awaiting approval.
- Documentation
- See our new updated Check Deposit API Reference
- The Update: