Nacha Certified is a voluntary accreditation program. All Third-Party Senders that have been in payments processing for at least two years are eligible to become Nacha Certified.
You’ll have to show Nacha that you are meeting certification standards that signal strong core practices and corporate governance. It’s a rigorous process, but not onerous, and Nacha is there to help. When you become Nacha Certified your customers, financial institutions and peers will know you’re meeting Nacha’s standards for sound core practices in ACH payment processing.
They’re Nacha Certified
Some of the best Third-Party Senders have become Nacha Certified. What was involved? How long did it take? Was it worthwhile? Read our case studies.
You won’t go it alone. Nacha is here to help every step of the way as you become Nacha Certified. Contact us to learn more.
Becoming Nacha Certified demonstrates that as a Third-Party Sender, your company has met Nacha standards that include a solid risk and compliance program, stability, sound governance, and has strong core ACH practices in place.
Your company’s initial application includes:
certifying that it has been in business at least two years;
authorizing Nacha to perform background checks of key individuals from your company or an attestation and documentation of applicable background checks already preformed;
providing the two most recent audited annual financial statements, and most recent quarterly financial statement; and
providing a completed copy of your most recent Nacha Operating Rules Audit.
Then your company will need to attest that it meets the Nacha Certified baseline criteria, which includes:
demonstrating adoption and implementation of robust compliance and risk management programs;
showing compliance with the Nacha Operating Rules’ return rate requirements;
providing attestation that your company has appropriate disaster recovery and business continuity plans in place, and insurance coverage;
having qualified staff in place who are responsible for ACH operations, and a training program for employees and contractors on the Nacha Operating Rules; and
demonstrating sound corporate governance and management with appropriate years of experience.
To learn more, download Nacha Certified detailed criteria.
Third-Party Sender Tool
When a transaction involves the use of a payment intermediary (e.g., a Third-Party Service Provider that performs some aspect of payment processing on behalf of a client), those ACH roles may not always be easily identifiable. The Third-Party Sender Identification Tool was developed to help financial institutions and their ACH customers understand their roles when an intermediary is involved in some aspect of ACH payment processing.