Same Day ACH

Same Day ACH is an exciting advance in how electronic payments are processed through the Automated Clearinghouse (ACH) network. When your clients move money electronically to people, accounts, merchants and billers, Same Day ACH offers a faster way to get funds to their destination. 

How it works

On the "Make a Transfer" web page, clients should:

           -Select "Now" then "Same Day ACH."

           -Submit the request prior to 12:45 p.m. ET on any regular business day, Monday - Friday.

           -Funds will be credited to the payee/receiving account on the same business day.

"Now" funds transfers submitted without selecting the "Same Day ACH" option, or after 12:45 p.m. ET Monday - Friday, or on weekends or federal holidays will be processed on the next business day.

Advantages of using Same Day ACH:

  • Account-to-Account transfers1 - Same-day availability when clients move funds to accounts they own at other financial institutions; includes transfer of funds to populate digital or mobile payments, including prepaid accounts.
  • Person-to-Person transfers - Funds delivered more quickly to family and friends to cover reimbursements, emergencies, monetary gifts, etc.
  • Quicker bill payments - Bill payments (mortgage, utilities, credit cards and others) can be made on due dates, and faster crediting applied for late payments.

 When clients need or want to move money faster, Same Day ACH is the funds transfer option to choose.

1External accounts must first be registered and verified to make a transfer. Log in to your SEI account, go to "Funds Transfer" > "Manage External Accounts" to register an external account. The sending account must have sufficient funds for the transfer to be processed.