Requests for Comment

WesPay advocates, on behalf of members, when rule changes are proposed by Nacha, the Federal Reserve Bank, and other rule-making bodies. Most often, Requests for Comment (RFC) or Requests for Information (RFI) are released, allowing input from participants prior to any changes being approved and implemented. This input ensures that proposed changes meet user needs, and protects the integrity of the networks and systems involved.

WesPay makes available materials about proposed changes accessible to members. Links to materials for open RFCs and RFIs are shown below. WesPay asks that when submitting responses and surveys by email, to please copy This will allow us to incorporate your thoughts when preparing our response on behalf of our membership.
Open Requests for Comment (RFC) or Request for Information (RFI) 

WesPay members, when signed in, can access review materials and all other available supplemental materials. WesPay may also offer a Town Hall webinar to review the proposed changes and provide an opportunity for member feedback and reaction.

Potential Modifications to the Federal Reserve Banks' National Settlement Service and Fedwire® Funds Service To Support Enhancements to the Same-Day ACH Service and Corresponding Changes to the Federal Reserve Policy on Payment System Risk

The Board of Governors (Board) is requesting comment on potential modifications to the Federal Reserve Banks' (Reserve Banks) payment services to facilitate adoption of a later same-day automated clearinghouse (ACH) processing and settlement window. Specifically, the Reserve Banks would extend the daily operating hours of the National Settlement Service (NSS) to allow the private-sector ACH operator to settle its in-network transactions resulting from the later same-day ACH window. To support these new NSS operating hours, the Reserve Banks would extend the daily operating hours of the Fedwire® Funds Service, creating implications for extension policies for contingencies that might result in more frequent delays to the reopening of the Fedwire® Funds Service. Finally, the Board is requesting comment on corresponding changes to the Federal Reserve Policy on Payment System Risk related to a new posting time and an increase to the daylight overdraft fee rate.

Comments must be received by July 15, 2019.

Members interested in learning more about this topic are encouraged to use the link below to access additional materials, including a summary document explaining the Federal Reserve's proposed actions. If you participated in the Town Hall, the documents are in your Learning Center Dashboard. Member sign in is required.

We encourage each member organization to review the documents and provide your own response directly to the Federal Reserve. Members with questions are welcome to call WesPay's Payments Hotline at (415) 373-1200 or and we encourage you to discuss the topic with you peers further on Connect.

Federal Reserve's full notice on RFC

WesPay Member Resources

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