Posted 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.