When we find that partners in a particular industry or government sector need to exchange payments and information in a specialized way, we collaborate to figure out the best use of the ACH Network. Banking conventions, or the formats used to present data in an Addenda Record, are one way that Nacha has adapted the ACH Network to meet specific needs. Using the right convention with the right payment process means smarter, more efficient electronic transfers.

Request for Payment allows businesses to send electronic invoices and receive corresponding payment and remittance through the ACH Network, supporting straight-through processing, creating efficiencies, and providing for cost savings.

All financial institutions are welcome to participate in opt-in programs on unemployment benefits and IRS refund return. State governments and financial institutions can participate in the state tax refund return opt-in program.