Through Nacha’s Risk Management Portal that includes the ACH Contact Registry, Third-Party Sender Registration, Direct Access Registration, and the Terminated Originator Database, ACH Network participants can help enhance Network quality and security, fueling innovation and the continued growth of the Network.
Nacha Portal Support Line: 703-349-4556, or Email Support: email@example.com
Databases in the Portal
NEW! The ACH Contact Registry - is for financial institutions to be able to more easily connect with other financial institutions about ACH operations, exceptions and risk management. All ODFIs and RDFIs are required to register contact information for ACH Operations and ACH Risk/Fraud. The Registry is available as of July 1, 2020. Compliance with the rule is required by October 30, 2020. Click here for more information.
The Third-Party Sender Registration Rule requires all ODFIs to either register their Third-Party Sender (TPS) relationships or state that they do not have any. Once registered, just provide updates following any change to the information you’ve provided (including termination).
If you are unsure whether or not your third-party customers are also Third-Party Senders, use the Third-Party Sender Identification Tool, or contact your local Payments Association, or Nacha. Remember to provide your financial institution’s routing number in all communications, since this helps to identify you and your information in the database.
The Direct Access Status Registration Rule requires every ODFI to register its Direct Access Debit Participant Status by either acknowledging that it has no Direct Access Debit Participants or providing specific information about each Direct Access Debit Participant. Once registered, just provide updates following any change to the information you've provided (including termination).
If you’re unsure whether your ODFI maintains Direct Access Debit Participant relationships, see our definitions and example scenarios, contact your local Payments Association (link is external), or Nacha. Remember to provide your financial institution’s routing number in all communications, since this helps us to identify you in our database.
Nacha offers the Terminated Originator Database (TOD) service in order for ODFIs and Third Parties to perform part of their due diligence for KYC (“Know Your Customer”) by being able to add information on, investigate new and periodically verify Originators and Third-Party Senders.
Inclusion in the TOD, after being terminated for cause, does not mean an Originator or Third-Party Sender is prohibited from working with another ODFI. However, it allows educated business decisions about new Originators or Third-Party Senders.
Nacha encourages ODFIs and Third Parties to use the NACHA TOD service in the following ways:
To add information on terminated Originators and Third-Party Senders.
To investigate new Originators and Third-Party Senders before onboarding.
To periodically verify your current Originators and Third-Party Senders, ensuring they haven’t been recently terminated by another ODFI.
Nacha is committed to taking appropriate steps to secure the data collected and stored in the Risk Management Portal. The Portal is a hosted solution built with security and business continuity in mind, including physical security, encryption, user authorization and authentication processes, and auditing to verify satisfaction of privacy and security requirements. Authorized users must use the secure Risk Management Portal to access the ACH Contact Registry, Third-Party Sender Registration, Direct Access Registration, and/or the Terminated Originator Database. Data is encrypted while it is in transit to Nacha and remains encrypted while it is at rest in the solution. Moreover, compliance of the underlying cloud platform with key industry standards is certified by the cloud service provider.
The Payments Innovation Alliance will meet virtually for its fall member meeting on Nov. 4-6, 2020. Register Today to reserve your spot!
Launch Party - Oct. 29th - 2:00-3:00 pm ET (see details below)
Alliance Meeting - Nov. 4-6 (Agenda)
Launch Party - Oct. 29th - 2…
ACH Can Help Transit
American consumers and businesses make tens of billions of payments directly from their bank accounts each year using ACH. Most transit agencies operate on tight budgets, and with COVID-19 causing huge drops in ridership (and fare collections), every dollar counts more than…
As the coronavirus pandemic raged across the country, the U.S. government turned to Direct Deposit to deliver millions of stimulus payments to Americans. On April 15, exactly as the IRS instructed, 81 million Americans woke up to find their stimulus payments safely in their bank accounts thanks…