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March 27, 2020
ACH Operations Bulletin #5-2020: Nacha Provides Relief to RDFIs on Signature Requirements for Written Statements of Unauthorized Debit
The Nacha Rules require an RDFI to accept a consumer’s Written Statement of Unauthorized Debit (WSUD), and also require that the WSUD be signed or similarly authenticated.
In light of the current need for many RDFIs to reduce on-site staffing levels, and the physical distancing requirements that…
ACH, Operations Bulletin
March 27, 2020
ACH Operations Bulletin #5-2020: Nacha Provides Relief of RDFIs on Signature Requirements of Written Statements of Unauthorized Debit
March 27, 2020
During the national emergency brought about by the coronavirus, Nacha will use this page to bring you updated information regarding ACH Network operations. This includes Operations Bulletins, articles, helpful links and more.
ACH Operations Bulletins
ACH Operations Bulletin #5-2020: Nacha…
March 27, 2020
All supporting documents will be available for download closer to the event date.
March 26, 2020
Nacha recently made a significant rule change to further enhance Same Day ACH, its own faster payments solution. Now, the per-payment dollar limit for same-day payments is now $100,000, up from $25,000.
In a recent podcast interview with PaymentsJournal, Nacha’s Michael…
ACH, ACH Network
March 26, 2020
ACH Operations Bulletin #4-2020: Nacha Extends Effective Dates of Data Security Rule; Affirms Effective Dates of Other Rules
Executive Summary
The upcoming effective dates of the Rule on Supplementing Data Security Requirements are extended by one year, to June 30, 2021 and June 30, 2022, respectively. The effective dates of other approved and upcoming Rules remain in effect.
Discussion
Supplementing Data…
ACH, ACH Network, ACH Operations, Operations Bulletin
March 26, 2020
ACH Operations Bulletin #4-2020: Nacha Extends Effective Dates of Data Security Rule; Affirms Effective Dates of Other Rules
ACH Network, ACH Operations