The purpose of this guide is to offer corporate ACH Originators a high-level understanding of the Nacha Operating Rules & Guidelines, crafted with the corporate end-user in mind.

This Rules Review Guide is designed to assist an Originator when performing a review of their ACH functions and to provide an understanding regarding the requirements of the Nacha Operating Rules.

Buy the Third-Party Sender ACH Audit Guide, get the TPS ACH Risk Assessment 50% off!

This publication was designed for individuals who need to understand the ins and outs of each Standard Entry Class (“SEC”) Code – including financial institutions and corporate ACH Originators alike.

This publication was designed with the corporate ACH Originator in mind and is an excellent resource to provide to new Originators at the time of onboarding.

Nacha continually publishes new resources and updates existing tools to help ACH Network participants manage risk. It certainly kept up the pace in 2023.

It’s one of the most important services Nacha provides to financial institutions. To better assist its users a fresh new look and other enhancements are coming soon to the Risk Management Portal. 

Risk management imposes unavoidable expense. At one extreme, an organization might choose to forego all efforts at reducing risk and accept whatever losses come its way. At the other extreme, it might spare no expense to mitigate all possible risks regardless of their likelihood.

Growing cybersecurity threats and regulatory concerns have amplified the need for increased operational resilience around all critical banking and payments functions.

HERNDON, Va., Sept. 19, 2023 – In honor of National APRP Recognition Day, Nacha will pay tribute to our nation’s 850 Accredited Payments Risk Professionals, including the 140 newly-credentialed professionals who recently passed the 2023 APRP exam.   

New companies make new opportunities.

In Silicon Valley, “Move fast and break things” is the motto attributed to startups looking to enter a market quickly, fill a niche, and gain market share before competitors. This could certainly be the motto of some payments fintechs.

Season 3, Episode 5: The Handbook for Understanding ACH Risk Management

If an Originator realizes it has fallen victim to credit-push fraud, the only obvious fact may be that a payment didn’t reach the intended Receiver. Beyond that, a flurry of questions can create uncertainty at a time that calls for decisive action.

You don’t have to look too hard to find evidence that check fraud is a huge problem that’s only getting worse:

When I say “risk management,” most people immediately think of preventing fraud and stopping the bad guys. While this is a big part of what we do in risk management, it isn’t the whole picture. 

LAS VEGAS—Keeping up with the Joneses can be a good thing, if the Joneses are doing all they can to prevent fraud. 

“It is important to figure out what the businesses around you are doing,” said Jeanette Hait Blanco, Nacha General Counsel. 

Two recent reports spotlight the fact that fraudsters remain hard at work, and that vigilance remains an absolute must.

Regulators and the Nacha Operating Rules require all financial institutions to conduct an ACH Compliance Audit annually.

Designed to assist Financial Institutions, both RDFIs and ODFIs, in addressing ACH risk, this workbook covers risk obligations as defined in OCC Bulletin 2006- 39, ACH Risk Management Guidance, the FFIEC Retail Payment Systems IT Examination Handbook and current Nacha Operating Rules.