The purpose of this guide is to provide a high-level, easy to comprehend understanding of the Nacha Operating Rules & Guidelines for companies Originating ACH transactions.
Understanding the Rules is important, because violations can incur hefty fines. A strong understanding of the basics can also help streamline your ACH Origination processes and procedures.
If you are a payroll customer, these are our binding rules and guidelines and all customers (Originators) should be familiar.
For more detailed and updated information, please see the link here.