Our bank is considering allowing consumers to do ACH originations. I thought this was a product offered mainly for business purposes such as payroll, etc.

I would appreciate any thoughts or concerns that we would need to take into consideration. Do any institutions out there currently do this?

You may wish to look at you processor's agreement. Some place a four day hold on the funds in order to ensure that the sending account isn't NSF. You may wish to review this thread http://www.bankersonline.com/forum/ubbth...145#Post1234145