ACH Rule Changes Coming in 2021
Listed below are notable dates for your ACH compliance program this year. More information will be released on each closer to their effective dates. March 19, 2021 – Effective date of the Rule to Expand [...]
New ACH Data Security Requirement
NACHA has expanded its existing security framework for the ACH Network to include requiring parties with large volumes to protect account numbers used in the ACH payment. The account number [...]
ACH Guidance for Same Day $100,000 Per Transaction Limit
Last week, NACHA released guidance regarding the March 20, 2020 change increasing the dollar limit on large-dollar Same-Day ACH Entries from $25,000 to $100,000 per entry. This change limits single [...]
NACHA Contact Registry
NACHA has created an industry resource, the ACH Contact Registry, to help connect financial institutions regarding ACH operations, exceptions, and risk management. To make sure all financial institutions participate, NACHA [...]