The 2006 NACHA Operating Rules: Is There A Copy On Your Desk?
Have you noticed a strong trend sweeping many American businesses, both large and small? If you're part of that trend, you are maximizing your company's profitability by taking advantage of the most cost-effective way to accept payments. You're also expanding your target audience by offering several payment options to your customers. Likely, echecks (payments through the ACH network) are one of the most popular and certainly a fast-growing choice. But, understanding and keeping up with the dynamic world of ACH can be a challenge!
It's important to have a good grasp of the ACH Rules in order to ensure your organization's compliance. A solid strategy for mastering the Rules and requirements is having the information at your fingertips -- by owning your own personal copy of the 2006 NACHA Operating Rules.
The definitive source for rules and regulations governing the ACH Network, the 2006 edition details current rule changes and how to comply with these rule changes in the 2006 Operating Rules Revisions section. Included are an ACH Rules Primer, with an overview of the ACH Network and how it works, as well as a Quick Find section for the most commonly referenced rules and guidelines. Also included: the Federal Reserve Uniform Operating Circular, Regulation E and Official Staff Commentary, Electronic Funds Transfer Act, Federal Tax Deposit Payments and Title 31 CFR Parts 208 and 210.
To order a copy of this invaluable resource, visit NACHA's Web site.
This issue home | Back | Next