Nacha requests comments on a set of proposals that is intended to improve the capabilities of the ACH Network to validate and correct account information.  These proposed changes would provide ACH Network participants with more reliable, low-cost, ACH Network-based solutions to validate a Receiver’s account.  The set of proposals should be considered in its entirety in order to provide benefits to all parties in the ACH Network.

The overarching purpose of these proposals is to improve and simplify the ACH user-experience by facilitating the adoption of new technologies and channels for the initiation of consumer ACH payments; reducing barriers to use of the ACH; providing flexibility and increasing consistency related to the authorization of consumer ACH payments; and reducing certain administrative burdens on ODFIs and their Originators, and on RDFIs and their consumer customers.

Nacha requests comment on a set of proposals that is intended to deter and prevent, to the extent possible, the improper use of reversals and the harm it can cause to consumers, RDFIs, and to the reputation of the ACH Network; and to improve Nacha’s ability to enforce the Rules in instances of egregious violations.