Micro-Entries Phase 1 Rule - Effective September 16, 2022
This rule will define and standardize practices and formatting of Micro-Entries, which are used by some ACH Originators as a method of account validation; requiring “ACCTVERIFY” in the Company Entry Description field. Find detailed information at https://www.nacha.org/micro-entries. The page includes rule specifics and FAQs.
Micro-Entry Return Scenarios
Nacha Micro-Entry Rule
Third-Party Sender Roles and Responsibilities - Effective September 30, 2022
The overarching purpose of these rules are to further clarify the roles and responsibilities of Third-Party Senders (TPS) in the ACH Network by addressing the existing practice of Nested Third-Party Sender relationships, and making explicit and clarifying the requirement that a TPS conduct a Risk Assessment.
Find detail information at https://www.nacha.org/rules/third-party-sender-roles-and-responsibilities-0
Additional Guidance Here!