In this guide, we'll break down everything you need to know about Old National Bank ACH transfer limits - including their business-focused credit limit system, same-day ACH options, and how their limits compare to other regional banks. We'll also explore alternatives when Old National's limits create operational bottlenecks. For businesses needing higher capacity, we'll cover Nickel, a B2B payment platform designed for large invoice-based payments, with free ACH transfers up to $1 million per transaction. If Old National's limits are constraining your payment operations, this article will show you how to keep large payments moving efficiently.
Old National Bank's Current ACH Transfer Limits
Old National Bank takes a sophisticated approach to ACH transfer limits, particularly for business customers who use their ACH origination services. Unlike many banks that publish standard limits, Old National assigns dollar limits through their credit underwriting department, creating customized capacity based on individual business assessment.
According to their comprehensive ACH Origination Guide, Old National's system tracks both credit (outgoing payments) and debit (incoming payments) limits separately. The limits are aggregated across all ACH Company IDs and origination channels, including ONPointe Treasury and ACH Direct Transmission services.
When an ACH payment batch is processed, Old National deducts the sum of credit and debit entries from respective limits, with amounts restored to your limit on the business day after your batch settles. This rolling limit structure allows consistent payment capacity while managing risk exposure.
The bank's system supports same-day ACH entries up to $1 million per transaction for domestic transfers, aligning with NACHA network limits. However, your specific limits depend on the credit underwriting assessment rather than these maximum network capacities.
How Old National's Limits Compare to Regional Banks
Old National vs Regional Competitors:
Limits vary based on account type and customer relationship
Old National's credit-underwritten approach distinguishes them from banks that use standardized limit tiers. While this creates uncertainty for businesses planning payments, it potentially allows much higher limits for qualified customers than banks with fixed $2,000-$5,000 daily caps.
The bank's focus on business ACH origination, including features like batch processing, same-day ACH, and professional treasury management services, positions them as a business-focused solution rather than a consumer-oriented platform.
Daily ACH Transfer Limits Explained
Old National's daily ACH limits operate on a rolling settlement basis rather than traditional daily resets. When you send an ACH batch, the amounts remain against your limit until settlement occurs, typically the business day after your batch processes.
Using an example from their documentation: if you have $100,000 in ACH credit limit and send a $100,000 vendor payment on Tuesday for Wednesday settlement, your remaining limit drops to $0 until Thursday when the original payment settles and your full limit is restored.
This settlement-based approach affects payment timing significantly. Multiple large payments within the settlement window can create over-limit situations even if the total weekly volume stays within your capacity. Businesses need to coordinate payment schedules around settlement timing rather than calendar days.
The system applies limits at the relationship level, meaning all your ACH Company IDs share the same underlying capacity. This aggregation prevents businesses from circumventing limits through multiple company setups but requires careful coordination for businesses operating multiple entities.
Business ACH Transfer Considerations
Old National specializes in business ACH services through their treasury management division, offering sophisticated origination capabilities designed for companies with substantial payment volumes. Their ONPointe Treasury platform and ACH Direct Transmission service support both standard and same-day ACH processing.
Business customers can choose between prefunded and standard offset structures. Prefunded batches require sufficient available funds at transmission time, while standard offset batches allow processing up to your predetermined limit with settlement occurring on the effective date.
The bank's business focus includes features like batch processing, electronic data interchange (EDI) reporting, positive pay services, and integration with accounting software. These capabilities serve businesses that need more than basic consumer transfer services.
For companies requiring ACH origination on behalf of others, Old National maintains Third-Party Sender (TPS) and Third-Party Service Provider (TPSP) classifications with additional approval and audit requirements, addressing complex business payment scenarios.
Processing Times and Same-Day ACH Options
Old National offers multiple ACH processing windows throughout each business day, with specific cutoff times for same-day ACH eligibility. Their processing schedule accommodates businesses needing flexible timing for payment execution.
Old National ACH Processing Windows:
- Morning windows: 4:30 AM, 8:30 AM, 10:30 AM CT (same-day eligible)
- Afternoon windows: 12:00 PM, 1:30 PM CT (same-day eligible)
- Evening windows: 5:00 PM, 6:30 PM, 8:00 PM CT (next day processing)
- Late submission: Files sent between 6:30 PM and 8:30 PM CT process at 4:30 AM next day
Same-day ACH entries must be domestic transfers with a maximum of $1 million per transaction. These transfers are credited to recipient accounts no later than 6:00 PM in the local time zone of the receiving bank, providing genuine same-day settlement for urgent payments.
The multiple processing windows allow businesses flexibility in payment timing while maintaining same-day capabilities for most of the business day, a significant advantage over banks with single daily cutoffs.
Fees and Cost Structure
Old National maintains competitive ACH pricing, particularly for business customers using their treasury management services. Their ACH origination guide indicates no standard fees for most ACH transactions, making them cost-effective for businesses processing multiple payments monthly.
Old National ACH Transfer Fees:
- Standard ACH origination: No fees (business treasury services)
- Same-day ACH: Available at standard processing rates
- Wire transfers: $30-$45 depending on type and destination
- Returned payments: Standard chargeback to originating account
- International transfers: Wire transfer fees apply (no international ACH)
The fee-free ACH structure for business customers represents significant savings compared to banks charging $3-$10 per transfer. A business processing 100 ACH transfers monthly could save $3,000-$12,000 annually versus banks with per-transaction fees.
Old National's treasury management approach focuses on relationship-based pricing rather than transactional fees, benefiting businesses with higher payment volumes that justify the credit underwriting and account management investment.
Monthly Transfer Patterns
Old National's limits reset based on settlement timing rather than calendar months, creating rolling capacity that depends on transaction timing rather than monthly cycles. This approach benefits businesses with consistent payment schedules but requires careful planning for companies with irregular payment patterns.
The settlement-based system means your effective monthly capacity depends on payment distribution throughout the month. Concentrating large payments early in the month doesn't reduce capacity for later payments once earlier transactions settle.
For businesses planning large quarterly or annual payments, the rolling limit structure may require splitting payments across multiple settlement periods or requesting temporary limit increases during high-volume periods.
Understanding settlement timing becomes crucial for cash flow management, particularly for businesses operating close to their limit thresholds or managing seasonal payment variations.
Understanding Old National's Credit Assessment
Old National's credit underwriting approach to ACH limits reflects their business-focused strategy and willingness to provide higher capacity for qualified customers. The assessment process considers multiple factors beyond basic account history.
The bank evaluates business financial statements, cash flow patterns, industry factors, and overall banking relationship strength when setting limits. This comprehensive approach potentially allows much higher limits than standardized banking products but requires more documentation and review time.
Limit increases are subject to credit approval and may require additional financial documentation, creating a more formal process than banks offering simple limit adjustments through customer service calls.
The business-banking focus means Old National treats ACH limits as credit facilities rather than simple transfer conveniences, potentially offering enterprise-level capacity for qualifying businesses.
Increasing Your Old National Limits
When businesses encounter over-limit situations, Old National Treasury Management Service provides consultation on temporary or permanent limit increases. The process involves credit review similar to business lending decisions rather than simple account adjustments.
Temporary limit increases may be available for specific payment needs, while permanent increases require full credit review and documentation. The credit underwriting requirement means limit increases take longer than banks with standardized processes but potentially offer higher final capacity.
Businesses should contact Old National Treasury Management at 800-844-1720 to discuss limit options, providing financial documentation that demonstrates ability to handle increased payment volumes safely.
The relationship-based approach means businesses with strong Old National banking relationships, including deposits, lending, and treasury services, typically receive more favorable limit consideration than single-service customers.
When Old National's Limits Aren't Enough
While Old National's credit-underwritten approach can provide higher limits than standardized banks, some businesses may still find constraints around their payment capacity needs. The settlement-based timing and credit approval requirements can create operational friction for rapidly growing companies.
Nickel offers unlimited free ACH transfers with single transaction limits up to $1 million, specifically designed for businesses that process large invoice-based payments. Unlike credit-underwritten systems that require lengthy approval processes, Nickel provides immediate high-capacity payment processing.
For businesses regularly requesting limit increases from Old National or needing predictable high-capacity payment processing, exploring ACH alternatives designed for B2B operations can eliminate constraints while maintaining cost-effective processing.
Companies processing significant monthly payment volumes could benefit from platforms that offer both unlimited capacity and transparent fee structures, making financial planning more straightforward without credit approval requirements.
The Bottom Line
Old National Bank offers sophisticated ACH transfer services designed specifically for business customers who need more than basic consumer transfer capabilities. Their credit-underwritten limit system, multiple daily processing windows, and comprehensive treasury management services make them suitable for established businesses with substantial payment volumes.
The bank's business-focused approach, including same-day ACH processing, batch handling capabilities, and relationship-based limit setting, provides enterprise-level functionality for qualified customers. Their fee-free structure and multiple processing windows offer operational advantages over consumer-focused banking products.
However, businesses needing immediate high-capacity processing or wanting to avoid credit approval requirements may find Old National's system complex compared to simpler alternatives. The settlement-based limit timing and credit underwriting requirements work well for established businesses but may constrain rapidly growing companies.
For businesses that need guaranteed high-capacity ACH processing without credit approval delays, specialized B2B payment platforms designed for large transaction volumes provide more predictable and immediately accessible solutions.
Ready to eliminate transfer limits and fees? Get started with unlimited free ACH transfers →
FAQs
What are Old National Bank's daily ACH transfer limits?
Old National Bank uses credit-underwritten ACH limits determined by their underwriting department rather than standard published amounts. Limits are aggregated across all ACH Company IDs and reset based on settlement timing rather than daily cycles.
Does Old National Bank charge fees for ACH transfers?
Old National Bank generally offers free ACH transfers for business treasury management customers. Same-day ACH processing is available at standard rates, while wire transfers carry separate fees ranging from $30-$45.
How long do Old National ACH transfers take?
Standard Old National ACH transfers settle in 1-3 business days. Same-day ACH transfers are available with multiple processing windows throughout each business day, with funds credited by 6:00 PM local time at the receiving bank.
Can I increase my Old National ACH transfer limits?
Yes, but increases are subject to credit approval through Old National's underwriting department and may require additional financial documentation. Contact Treasury Management Service at 800-844-1720 to discuss limit increase options.
What makes Old National different from other banks for ACH transfers?
Old National uses credit-underwritten limits rather than standard tiers, offers multiple daily processing windows for same-day ACH, and focuses specifically on business treasury management rather than consumer banking services.
Does Old National support international ACH transfers?
No, Old National does not support international ACH transfers. International payments must be processed through their wire transfer services, which support both domestic and international destinations with appropriate fees.
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