Effective Date of NACHA Rules Interpretation Extended to August 4, 2008

Posted August 1, 2008

The effective date of NACHA’s Rules Interpretation (“Interpretation”) on the Proper Use of SEC Codes and the Aggregation of Transactions (see ACH Operations Bulletin, November 9, 2007) is extended to August 4, 2008.

IAT Effective Date Extended to September 18, 2009

Posted July 31, 2008

NACHA’s Board of Directors has extended the effective date of the International ACH Transaction (IAT) rules and formats for six months, to September 18, 2009.

NACHA Board of Directors Policy Statement on Direct Access

Posted July 30, 2008

This policy addresses the importance of DFIs registering their direct access relationships with NACHA and following prudent risk mitigation techniques, including adherence to best practices, for the duration of these relationships.

Synovus Financial Corporation Receives NACHA’S 2008 George Mitchell Payments System Excellence Award

Posted May 20, 2008

LAS VEGAS—May 20, 2008— NACHA—The Electronic Payments Association announced today that Synovus Fi

NACHA Rules Interpretation: Proper Use of SEC Codes and Aggregation of Transactions

Posted November 9, 2007

This ACH Operations Bulletin describes a written interpretation (“Interpretation”) of the NACHA Operating Rules (“Rules”) approved by the NACHA Board of Directors on November 7, 2007.

Suspension of Implementation Date of Rule on Formatting Convention for Consumer Initiated Entries

Posted September 19, 2007

This ACH Operations Bulletin announces the suspension of the implementation date of September 21, 2007 for an amendment to the NACHA Operating Rules that would establish a formatting convention for use of the Individual Identification Number Field when CIE Entries are used for online consumer Federal tax payments.

ACH Data Breach Notification Requirements For Participating Depository Financial Institutions

Posted August 28, 2007

This ACH Operations Bulletin describes NACHA’s Interim Policy on ACH Data Breach Notification Requirements (“Interim Policy”), identifies the policy’s requirements for Originating Depository Financial Institutions (“ODFI”s), and provides guidance to Receiving Depository Financial Institutions (“RDFI”s).