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2 results related to "Account Validation"
Nacha Seeks Comments on Proposals to Update IAT Rules
… the current Return Reason Code R16 apply solely to a frozen account. A new R90 code would be used when a payment is …
March 19: A Big Day for the ACH Network
… the nation’s need for faster payments . Same Day ACH Rule   Account Validation The WEB Debit Account Validation Rule now makes it explicit that “account …