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As electronic payments have grown, so has their use across national borders. To ensure that cross-border payments are both efficient and secure, Nacha worked with the Office of Foreign Assets Control (OFAC) to develop an ACH format that includes …
Download the ISO 20022 for ACH Proof of Concept In response to industry interest in the feasibility of using ISO 20022 within the ACH Network, Nacha partnered with the Federal Reserve Financial Services (FRFS) on a proof-of-concept (PoC) to illustrate the …