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Every hour of every day, in corners of the world near and far, the men and women of the United States armed forces are hard at work keeping us safe. That’s why it’s important to pause every Nov. 11—Veterans Day—to remember the sacrifices so many have made …
In 2000, Nacha implemented a set of rules and formatting requirements related to Point-of- Purchase (POP) entries – transactions designed specifically for use by Originators as a means to convert, at the point of purchase, a consumer’s check to an ACH …
Top Ways the ACH Network Can Help Consumers, Businesses and Government During the National Emergency
During the current national emergency, the ACH Network is operating normally to process payments for consumers, businesses, and government agencies. There are many impacts to daily life and business operations due to the practice of social distancing and …
Nacha has recently become aware of an increasing number of fraudulent transactions being made over the ACH Network using the Telephone-Initiated Entry (TEL) application. The TEL application became effective in September 2001 as a means to provide a more …
IRS Will Provide Funding for Tens of Millions by Direct Deposit Effective Wednesday, March 17 Updated March 15, 2021: The IRS announced that the settlement date for the initial wave of tens of millions of economic impact payments by Direct Deposit will be …
Sometimes simple works best. When it comes to your financial life, there are ways to simplify things that make a lot of sense. The first week of August is Simplify Your Life Week, and on a personal level, one of the easiest things to do is to move away …
On March 15, 2002 Nacha Operating Rules became effective for Accounts Receivable Entries (ARC). Under the ARC rules, a consumer check remitted to an accounts receivable location, such as a lockbox or dropbox, can be converted into an ACH debit when prior …
Direct Deposit rules on payday. But you don’t have to take our word for it. The American Payroll Association’s annual “Getting Paid In America” survey backs that up. On the question of “How do you receive your pay?” the results were lopsided: 93% of …
Contact: Media Relations Passing the exam to become an Accredited ACH Professional, or AAP, is a remarkable accomplishment any year. To do it amid a pandemic is especially noteworthy. Which is why today, National AAP Recognition Day, Nacha is proud to …