Same Day ACH Limit Increases to $1 Million

March 11, 2022

Nacha, The National Automated Clearing House Association, has approved an increase for Same Day ACH (Automated Clearing House) per-transaction limit to $1 million, effective March 18, 2022. This increase will apply to all eligible Same Day ACH payments, including credits and debits, for both businesses and consumers. This is an increase from the current $100,000 maximum, which took effect in March 2020.

What does this mean for you?

According to PaymentsJournal, the limit increase will be favorable for business-to-business payments, allowing clients to make larger payments via the Same-Day ACH system, including:

Tax payments
Insurance payouts
Claim payment payouts
Loan proceeds payouts
Collection of payroll funds

Hancock Whitney clients can begin originating Same Day ACH transactions up to $1 million on Monday, March 21, 2022. If you have any questions about this change, please speak with your Treasury Services Representative or contact Treasury Services Client Support at 1-866-594-2304.

Unmasking Business Email Compromise: The Costly Cyber Threat and How to Stop It

The cyber threat that just won’t quit is business email compromise (BEC). According to the Association for Financial Professionals’ latest Payments Fraud and Control Survey, over 63% of businesses reported being targeted by BEC fraud, with 79% either falling victim or dodging attempts at payment fraud. That’s a big wake-up call for companies everywhere.

BEC scams are also among the costliest, per the FBI’s 2024 Internet Crime Report released in April, which logged over 21,000 complaints last year. These scams racked up nearly $2.8 billion in losses—a huge slice of the $16.6 billion total cybercrime hit. What’s worse, the average cost per complaint jumped from $74,723 in 2019 to $137,132.03 in 2023, meaning there are fewer victims, but they're losing bigger bucks each time.

Even tech-savvy giants tech giants like Facebook and Google aren’t immune. In 2017, a scammer posing as a trusted electronics vendor tricked their teams into wiring over $100 million to fraudulent overseas accounts, where the funds vanished quickly. Click here for an in-depth look.

There is another aspect of BEC that you should be aware of: it’s not just your business that’s at risk—any partner you work with could be compromised. Once cybercriminals hack a vendor or supplier’s email, they gain access to all their correspondence, using those details to craft scams that look frighteningly real. They might impersonate your trusted contact to redirect a payment or slip into an ongoing email thread to deceive you. That’s why you must assume every business partner could be a weak link and always verify requests through a known, trusted channel.

So, which businesses are most vulnerable? Let’s take a look.

Same Day ACH Limit Increases to $1 Million

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