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Appendix 8 of the ACH Rules

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EPCOR's Did You Know video series covering payments changes and updates.
Did You Know... Appendix Eight of the ACH Rules is Going Away?
In November of 2018, the NACHA membership voted and approved a Rules change that affords greater flexibility to financial institutions, Third-Party Service Providers and Third-Party Senders conducting annual ACH Rules Compliance Audits.
This change removes Appendix 8 from the Rules, consolidating the rules for the annual audit into one section in the Guidelines. The intent is to provide a more efficient process with less potential for user error.
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Did You Know... Appendix Eight of the ACH Rules is Going Away?
In November of 2018, the NACHA membership voted and approved a Rules change that affords greater flexibility to financial institutions, Third-Party Service Providers and Third-Party Senders conducting annual ACH Rules Compliance Audits.
This change removes Appendix 8 from the Rules, consolidating the rules for the annual audit into one section in the Guidelines. The intent is to provide a more efficient process with less potential for user error.
___________________
WEBSITE:
___________________
FACEBOOK:
___________________
TWITTER:
___________________
LINKEDIN: