Publisher: UMACHA Year: 2021
The Rules Review Guide is designed to assist an originating company when performing a review of their ACH functions & to provide an understanding regarding the requirements of the Nacha Operating Rules. This guide will help an originating company & its financial institution stay in compliance with the Rules. Additional supplements included: ACH Originator Review Form, Sample Direct Deposit/Direct Payment Authorization Forms, Sample Authorization Language & Ineligible Items for ACH Check Conversion, Codes List (transaction codes, return reason codes, notification of change (NOC) codes, etc.), Glossary of Terms, & ACH Security Framework Guidance and Checklists.