February 04, 2020

Nacha & PAs File Comments Supporting the Federal Government’s Use of ACH and Nacha Rules

Nacha provided comments on the notice of proposed rulemaking (the “Proposed Rule”) regarding Federal Government participation in the Automated Clearing House (“ACH”). Title 31 CFR Part 210 (“Part 210”) governs the use of the ACH Network by Federal agencies, and incorporates the Nacha Operating Rules (“Nacha Rules”) published by Nacha, with certain exceptions. The Proposed Rule would amend Part 210 to incorporate amendments to the Nacha Rules through 2019, to identify provisions of such amendments and other Nacha Rules that would not apply to Federal agencies.