Mar 18, 2025 · Nacha governs the ACH Network, the payment system that drives Direct Deposits and Direct Payments with the capability to reach all U.S. bank and credit union accounts. We advance the nation’s payments system and deliver payments education, accreditation and advisory services.

Nacha supports users having choices in electronic payments – including instant payments (such as FedNow and RTP), credit cards and wire. Electronic payment options can be complementary and give payment system users a choice based on their use case. This Fact Sheet explains key attributes of the modern ACH Network. About ACH

Whether you know it as Direct Deposit, direct pay or electronic check, ACH is at your service handling everything from Social Security and salaries to mortgage and credit card payments and more. Just set it and forget it—no more worrying about getting payments in on time.

Mar 16, 2023 · Nacha is an independent organization that operates the Automated Clearing House (ACH) network, which is a centralized US financial network through which banks and credit unions send and receive electronic payments and money transfers.

Nacha manages the development, administration and governance of the ACH Network. ACH is a batch process, store-and-forward system that provides for value-dated settlement transactions for both disbursements (credits) and collections (debits).

Feb 13, 2025 · In this new rule, Nacha is making it a requirement for non-consumer originators, third-party senders (TPSs), third-party service providers (TPSPs) and ODFIs to establish and implement risk-based processes and procedures to identify ACH entries that are initiated under fraudulent circumstances.

Sep 13, 2022 · Nacha is the steward of the electronic system that connects all U.S. bank accounts and facilitates the movement of money among them. According to the organization, $73 trillion moved through its...

Nacha governs the thriving ACH Network, the payment system that drives safe, smart, and fast Direct Deposits and Direct Payments with the capability to reach all U.S. bank and credit union accounts. There were 33.6 billion ACH Network payments made in 2024, valued at $86.2 trillion.

1 day ago · Nacha governs the thriving ACH Network, the payment system that drives safe, smart, and fast Direct Deposits and Direct Payments with the capability to reach all U.S. bank and credit union accounts.

Aug 2, 2024 · The Nacha rules apply to financial institutions that generate payments through the ACH network. In particular, they apply to the party sender, with the operating rules guidelines focusing on Nacha file format, identity validation of the receiver, and more.