With one new Nacha Rule coming later this month and two others right behind in September, Nacha has a wealth of new and refreshed materials to help you along. 

A new Nacha Operating Rule affects the way ACH Network participants use Micro-Entries. We take a look at what it means and why you should start preparing now.

This Rule will define and standardize practices and formatting of Micro-Entries, which are used by some ACH Originators as a method of account validation.

ODFIs are now able to use Nacha's Risk Management Portal to safely provide Letters of Indemnity to RDFIs.

Regulation E and the Nacha Operating Rules each have a 60-day period that applies to unauthorized payments. But in complying with both Reg E and the Nacha Rules, understanding the differences in these periods is important.  

Although enforcement of the ACH Contact Registry Rule doesn’t begin until Aug. 1, Nacha is already making spot-checks for data quality.

In just over a year, a new Nacha Rule repurposing the R11 return reason code has proven to be quite successful.

If it’s been a while since you visited Nacha’s Resource Center for Corporates, you should take a look. There’s a lot there you and your customers can use.

A new Limitation on Warranty Claims Rule takes effect June 30, 2021, and Nacha's General Counsel said a key goal is “to give Originators more certainty on the time they may face claims on entries that they put into the ACH Network."

Under the Nacha Operating Rules, information in the ACH Contact Registry must be kept up to date. Is your financial institution's contact info current?

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Access to the Rules & Guidelines helps to identify new opportunities to leverage the ACH Network to meet customer’s needs, while maintaining a clear understanding of network requirements.

Learn more about the Limitation on Warranty Claims Rule effective June 30, 2021.

You’ve got questions. We’ve got answers. Lots of answers. Four new Nacha Operating Rules take effect later this year, and your preparations should be underway. But questions are inevitable and Nacha is here to help.

It's time to be sure your bank or credit union is registered on the ACH Contact Registry. Enforcement will start Aug. 1.

As the ACH Network grows, part of that growth can be attributed to an increase in consumer payments made via the internet and mobile devices. With that growth comes a need to ensure account information is accurate before ACH debits are originated. It's one reason why Nacha is implementing the Supplementing Fraud Detection Standards for WEB Debits Rule – often called the Account Validation Rule

By Richard Oliver & George Warfel Jr.

Publication Preview

An industry resource – the ACH Contact Registry - was created for financial institutions to be able to more easily connect with other financial institutions about ACH operations, exceptions and risk management.