Nacha has issued ACH Operations Bulletin #1-2014, Questionable ACH Debit Origination: Roles and Responsibilities of ODFIs and RDFIs.  Due to the recent Rules amendments approved on August 22 on various risk management topics, several aspects of two previous bulletins from 2013 have been superseded; therefore, Bulletin #1-2014 replaces ACH Operations Bulletin #2-2013 (issued on March 14, 2013) and ACH Operations Bulletin #3-2013 (issued on July 15, 2013).

The updated ACH Operations Bulletin addresses the applicability of various sections of the Nacha Operating Rules to questionable ACH debit origination activity, highlights the roles and responsibilities of both ODFIs and RDFIs, and describes several amendments to the Rules related to these topics, including the new rules regarding the reinitiation of returned entries.

For your convenience, a PDF version of this Bulletin is available in the right-hand bar.