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- Title
SECTION II Originating Depository Financial Institutions: PART TWO: RIGHTS AND RESPONSIBILITIES OF ORIGINATORS: CHAPTER 16 Relationship with Receiver and Authorization Requirements.
- Abstract
The article focuses on relationship of Originators with Receiver and Authorization Requirements of Originating Depository Financial Institution (ODFI). It mentions corporate application could include the processing of payment related data and authorization requirements specified within the rules address the minimum requirements needed for authorization of various types of automated clearing house (ACH) entries.
- Subjects
FINANCIAL institutions; CLEARINGHOUSES (Banking); ELECTRONIC funds transfers; PAYMENT systems; RECEIVERS (Commercial law)
- Publication
Nacha Operating Rules & Guidelines, 2020, pOG67
- ISSN
1549-2036
- Publication type
Article