Links in “NACHA”
- A Few Days Left to Comment on ACH Proposal
Credit unions have until January 7th to comment on a proposal issued by NACHA last month. The proposed rule change is designed to enable NACHA to better identify and enforce rules against âoutlierâ originators. The end result should be a reduction in the number of exception items. [12/30]
- NACHA Proposes Changes to Reduce ACH Exceptions
NACHA has issued two proposals that aim to reduce ACH exceptions and provide incentives to improve origination quality. NACHA claims that the proposed changes will improve its ability to identify and enforce rules against ACH âoutliersâ and provide partial cost recovery to receiving depository financial institutions. [11/14]
- Stop Payments: Paper-Based Understanding in an Electronic World
Training front-line personnel about the authorization revocation rules can save customer irritation and frustration. [5/30]
