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Member Resources | ACH Resources | Requests for Comments

Requests for comments provide the opportunity for ACH participants to comment on proposed changes to the NACHA Operating Rules.

REQUEST FOR COMMENT AND INFORMATION

NACHA requests comments on five proposals to amend the NACHA Operating Rules on various Compliance and Operational topics. This RFC addresses:

  1. Recrediting of Receiver — Removal of the Fifteen-Calendar-Day Notification Timeframe
  2. TEL Entries &mdashl Field Inclusion Requirement/Data Content for Payment Type Code Field
  3. Clarification of RDFI Warranties for Notifications of Change
  4. Valid Characters for ACH Records
  5. Disclosure Requirements for POS Entries

Compliance and Operations Topics — Summary PresentationPosted: 9/24/14 (PDF)

Compliance and Operations Topics — Proposal Details and Rules DescriptionPosted: 9/24/14 (PDF)

Compliance and Operations Topics — Proposed Modifications to the RulesPosted: 9/24/14 (PDF)

Compliance and Operations Topics — ACH Participant SurveyPosted: 9/24/14 (Doc)

PAST REQUESTS FOR COMMENTS

Note: The date for responding to these requests for comments has passed.


Expanded Addenda Records

NACHA is issuing this Request for Information (RFI) to gather information and perspectives on the possible expansion of the number and types of addenda records available for use with ACH payments to make it easier for more end-users to receive and interpret payment related information on a timely basis.

Payment Related Information via Expanded Addenda Records - April 1 2014Posted: 04/10/14 (PDF)

Expanded Addenda Records - ACH Participant Survey - April_1_2014.docPosted: 04/10/14 (doc)

Presentation - Payment Related Information via Expanded Addenda Records-April_1_2014Posted: 04/10/14 (PDF)


RDFI Survey on Same-Day ACH

NACHA RPAs RDFI Survey Memo 3 18 14Posted: 04/14/14 (PDF)

NACHA RPAs RDFI Survey Instrument 3 18 14Posted: 04/14/14 (xlsx)


Proposed Rules to Improve ACH Network Quality

NACHA’s Risk Management Strategy of 2012 seeks to ensure the safest and most secure ACH Network possible - providing a world class, quality resource to transact electronic payments. Each component of the Risk Management Strategy is an integrated component of the entire strategy.

Today, NACHA is issuing two proposed amendments to the NACHA Operating Rules as complementary approaches to improving ACH Network quality by reducing the incidence of exceptions. The first proposal would improve NACHA’s ability to identify and enforce Rules against “outlier” Originators that are responsible for the highest, and most disproportionate, levels of exceptions. The second proposal would establish economic incentives for ODFIs and their Originators to improve origination quality, and provide partial cost-recovery to RDFIs for handling exceptions.

Taken together, these proposed Rules will contribute to a holistic, interconnected approach to strengthening ACH Network payments. Both approaches are intended to protect the safety, security and integrity of ACH Network payments and the consumers, governments, businesses and financial institutions who move their money via ACH.

NACHA Invites Comments on Proposed Rules to Improve ACH Network Quality — Executive SummaryPosted: 11/21/13 (PDF)

ACH Network Risk and Enforcement Topics — Executive Summary and Rules DescriptionPosted: 11/21/13 (PDF)

ACH Network Risk and Enforcement Topics — Proposed Modifications to the RulesPosted: 11/21/13 (PDF)

ACH Network Risk and Enforcement Topics — ACH Participant SurveyPosted: 11/21/13 (Doc)

Improving ACH Network Quality — Executive Summary and Rules DescriptionPosted: 11/21/13 (PDF)

Improving ACH Network Quality — Proposed Modifications to the RulesPosted: 11/21/13 (PDF)

Improving ACH Network Quality — ACH Participant SurveyPosted: 11/21/13 (Doc)