News

Interpretive Rule

Posted 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.

Use of PPD Debit Entries for Check Conversion

Posted 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.