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).

Paul W. Finch, Sr. Receives NACHA’s 2007 George Mitchell Payments System Excellence Award

Posted April 15, 2007

April 15-18, 2007 - Chicago, Ill - NACHA - The Electronic Payments Association presents the 2007

Formal Rules Interpretation on the Proper Use of Standard Entry Class Codes for Check Conversion Entries

Posted March 13, 2007

This Operations Bulletin has been issued in accordance with Section 13.3 (Interpretative Rules) of the NACHA Operating Rules to clarify the Rules with respect to the exclusive use of the BOC and POP formats for the electronic conversion of checks accepted at the point of purchase.

Internet Gambling Transactions

Posted January 16, 2007

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

Proper Use of Reason Return Code R69 (Field Errors)

Posted 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.