Skip to content
BOL Conferences
Forums · Active Threads · Forum Rules · Mark All Read · Log In
BankersOnline.com Forums Banker Forums eBanking / Technology ACH Requirement to Keep Originators Informed
Thread Options
#1662729 - 02/09/12 05:33 PM ACH Requirement to Keep Originators Informed
Beckster Offline
Member
Joined: Aug 2005
Posts: 64
Minnesota
It is the requirement of the bank to keep the ACH Originators informed of their responsibilities under the rules from NACHA. What are banks doing to comply with this? It was suggested to provide a self-assessment to each originator to determine if they understand the timelines, how to handle certain transactions, etc. We are wondering if any bank is doing this and if they are, would they be willing to share a copy of it?

Return to Top
eBanking / Technology
#1662943 - 02/09/12 08:02 PM Re: ACH Requirement to Keep Originators Informed Beckster
osucpa Offline
Diamond Poster
Joined: May 2011
Posts: 1,410
Yes. We send our originators an annual rules update.

Return to Top
#1692175 - 04/24/12 08:10 PM Re: ACH Requirement to Keep Originators Informed osucpa
AAB Offline
Member
Joined: Nov 2001
Posts: 91
Would you be willing to share with me or direct me to an area of the NACHA book that you provide to your customers?

Return to Top

Moderator:  Andy_Z