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Nacha Statement Regarding Federal Reserve Board’s Plan to Develop a Real-Time Payment and Settlement Service
As the administrator of the ACH Network, and as an industry association dedicated to bringing diverse stakeholders together, Nacha is committed to working cooperatively with the Federal Reserve and The Clearing House as payment systems evolve into the …
ACH Operations Bulletin #3-2020: Nacha Provides Relief from Deadlines Related to Certain Required Records
In light of the current need for organizations to reduce on-site staffing levels, Nacha is providing temporary relief from deadlines for delivery of certain records that are required under the Nacha Rules. Under the Rules, an ODFI must provide an RDFI …