Nacha News

Nacha creates broadly adopted payment and financial messaging rules and standards through consensus-led governance, international collaboration, and innovative development practices. We continually advance the ubiquitous ACH Network and engage diverse stakeholders to accelerate a digital future of global financial services interoperability.

41 results

Internet Gambling Transactions

January 16, 2007
Through this Operations Bulletin, Nacha calls attention to current laws and forthcoming regulations that may affect the ACH Network.
Operations Bulletin

Proper Use of Reason Return Code R69 (Field Errors)

September 15, 2006
This Operations Bulletin is intended to be a reminder of the key points related to the appropriate use of Return Reason Code R69 (Field Errors) and address a common misuse of this return code in today’s marketplace.
Operations Bulletin

Identification of Business Checks Ineligible for Conversion

September 15, 2006
On September 15, 2006, an amendment to the Nacha Operating Rules (Rules) became effective that modified the rules with respect to Accounts Receivable  Entries (ARC) and Point-of-Purchase Entries (POP) to enable ACH participants to more readily identify business checks that are ineligible for conversion to ARC and POP entries. This Operations Bulletin is intended to remind ACH participants of the fundamental aspects of this amendment.
Operations Bulletin

Proper Response to Notifications of Change

July 27, 2006
This Operations Bulletin is intended to remind ACH participants, and ODFIs and their Originators in particular, about the proper handling of changes requested via the NOC process.
Operations Bulletin

Use of the ACH Network for Illegal Internet Transactions

May 16, 2006
The National Association of Attorneys General (NAAG) has advised Nacha of a problem with violations of federal and state laws governing the sale of tobacco products by Internet tobacco retailers. NAAG has requested Nacha’s assistance in their efforts to stop the illegal sale of tobacco over the Internet, asking that the Nacha membership refuse to provide electronic payment processing services to Internet tobacco retailers engaged in illegal sales.
Operations Bulletin

Interpretive Rule

January 13, 2006
This amendment modified the Nacha Operating Rules to explicitly state that Nacha’s Board of Directors has the authority to issue binding, written interpretations of the Rules.
Operations Bulletin

Clarification on Usage: Reason Return Codes for Stop Payments

October 20, 2005
This operations bulletin is intended to clarify that Return Reason Code R08 (Payment Stopped) can be used to return any entry (including ARCs and RCKs) where a stop payment order has been placed on the ACH entry.
Operations Bulletin

Use of PPD Debit Entries for Check Conversion

September 25, 2005
Use of the PPD Standard Entry Class Code for the conversion of consumer checks accepted at the point of purchase for payment of goods and services is not expressly recognized under the Nacha Operating Rules, as the POP application was designed with the express purpose of converting checks at the point of purchase. 
Operations Bulletin