WE OFFER MULTIPLE PROCESSING TIMES
Did you know Magic-Wrighter offers multiple end-of-day processing times? 12:00 pm, 4:00 pm and 7:00 pm (Eastern Times) are available for all our financial institution partners. In this time of uncertainty, many FI’s are seeking out solutions for greater operational flexibility and more accommodating ways to service their clients. If you find these alternate run times to be a good fit for your institution, please reach out to us for more details and we would be happy to assist.
New Same-Day ACH limits are in effect! Effective March 20, 2020 NACHA has officially expanded the trans- action limits for Same-Day ACH to $100,000. This long-awaited limit increase is much more advantageous for business to business payments, dealer funding deposits, larger payroll files and more. Feel free to con- tact us to discuss how this may benefit your institution’s ACH processing.