Less than $25,000 - $100,000 - $500,000 Greater Don’t $25,000 $100,000 $500,000 - $1M than $1M 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 Settlement Service (NSS) will be extended to 7:00 p.m. ET, Federal Reserve’s National and presumably Fedwire as well. On a scale of 1-5 no impact, and (with “1” representing “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 = 2 = 3 = 4 = 5 = No Minimal Moderate Large Extensive No Don’t impact impact impact impact impact know 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 0 minutes close of NSS and the close of Fedwire? 15 minutes 30 minutes 45 minutes 1 hour Don’t know No opinion
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
ACH_Participant_Survey_-_Ex.docx