When is a PPD credit Entry made available to the Receiver for withdrawal?

A PPD (Prearranged Payment and Deposit) credit entry is made available to the Receiver for withdrawal at the opening of business on the Settlement Day. This timing is crucial because it reflects the general practices established by the NACHA Operating Rules, which govern the ACH network operations.

At the start of the Settlement Day, funds are typically credited to the Receiver's account. This ensures that the Receiver has access to the funds as soon as the banking day begins, allowing them to manage their finances and transactions promptly.

Understanding this timing helps financial professionals and individuals engaged in ACH transactions to comply with operational timelines and ensure customer expectations are met regarding fund availability.