The regulations surrounding Automated Clearing House (ACH) transactions are designed to protect you and those you do business with. The steps for each industry may vary but the guide provided by the National Automated Clearinghouse Association, otherwise known as “NACHA” is free and available for download.
As your financial institution, we care about your safety and the security of payments. At any time (not limited to audits), we can request documentation to confirm that processes are followed.
Failure to adhere to these regulations can result in penalties and even loss of the ability to operate a business. A misstep for one business can impact all businesses managed by an owner.
This publication will help you learn about the rules that govern credits and debits between company to company and company to consumer transactions.
The good news is you can jump to the rules specific to your industry and we’re here to help.
Steps to obtain NACHA Guidebook:
Step 1: Go to nachaoperatingrulesonline.org
Step 2: Click the New User link to sign up
Step 3: Fill in your information (Email Address, Create a password, Verify Password, First Name, and Last Name.) Enter in the word verification (If you are unable to read the writing, click on the image until you find one you can read) Once you have keyed in all the information click on the sign up button.
Step 4: On the right side of your screen click the link “Have a Subscription? Click here to claim it.”
Step 5: Enter in your information
Step 7: Click on Redeem
Step 8: You will need to log back in to finalize your subscription
Step 9: You will need to log in under the “Already have an Account” Section. Make sure to use your email and password you selected on the previous screens.
Step 10: Click the “Basic” link which is located on the top portion banner of your screen
Step 11: Congratulations you have successfully gained your NACHA Operating Rules.