This list provides National Automated Clearing House Association (NACHA) resources that have information about rules, payments fraud and related risks.
This Rule revised the warranty of compliance with foreign payment system rules for Outbound International ACH Transactions (IAT) Entries, narrowing its scope to focus only on authorization of the Entry when such authorization is required by the laws or payment system rules of the receiving country.
The Data Passing Rule will prohibit sharing of certain customer information by Originators, Third-Party Service Providers and Originating Depository Financial Institutions for the purpose of initiating debit Entries that are not covered by the original authorization.
This Rule reduces the Return Rate Reporting period from 60 days to 30 days during which an Originating Depository Financial Institution is required to reduce its Originator’s return rate below the threshold before the initiation of a rules enforcement proceeding.
This Rule will allow the return of a debit Entry to a Consumer Account within 60 days of the Settlement Date for an “Incomplete Transaction,” which is defined as a transaction for which a Third Party Sender debits a consumer’s account to collect funds, but does not complete the corresponding payment to the party to which payment is owed.
This Rule makes the response to Notifications of Change (NOCs) for Single Entry payments optional. Single Entry payments can be originated using the following Standard Entry Class Code: Accounts Receivable, Back Office Conversion, Point-of-Purchase Return Check, Telephone–Initiated and Internet/Mobile Initiated entries.
This Rule recognizes that a stop order on a business account will lapse at the earliest of one of three conditions: (1) six-month expiration (2) withdrawal of the order (3) return of the debit Entry.
This Rule establishes the following minimum data security obligations for ACH Network participants to protect ACH data:
This Rule establishes standards to support health plans’ and healthcare providers’ use of the ACH Network for healthcare claims payments and payment- related information. This Rule includes processing enhancements and transaction identification and formatting requirements specific to healthcare claim payments. The following are major components of the Rule:
This Rule establishes obligations and formatting requirements for Inbound International ACH Transactions to identify both parties that are ultimately being debited and credited.
This Rule clarifies the manner in which countries must be identified within an International ACH Transaction Entry, eliminating the potential for ambiguity in identifying countries to or from which Entries are directed.
This Rule enables a credit version of the Internet / Mobile Initiated Entry (WEB) Standard Entry Class Code to be used when a credit transaction from one consumer account to another is authorized over the Internet. The Rule also addresses exceptions, indemnifications, and statement and formatting requirements that are unique to a credit (WEB) Entry.
This Rule establishes a Receiving Depository Financial Institution’s right to request, and a Originating Depository Financial Institution’s obligation to provide, proof of authorization for an Entry to a corporate account. The Originator is required to provide proof of authorization or Originator’s contact information, which should help facilitate resolution of dispute over the validity of the Entry. The proof of authorization or contact information is required to be provided within 10 banking days.
This Rule provides an automated mechanism to resolve situations in which a Reversal Entry has resulted in an unintended credit to the Receiver. An unintended credit occurs when either: