The national trade association for the electronic payment associations, which establishes the rules, industry standards, and procedures governing the exchange of commercial ACH payments by depository financial institutions.
A membership organization that provides marketing and education assistance and establishes the rules, standards and procedures that enable Financial Institutions to exchange ACH payments on a national basis.
an organization that establishes rules, standards and procedures for national ACH
NACHA) Association that provides governance for ACH processing,establishing the standards, rules, and procedures for financial institutions to exchange ACH payments. NACHA also promotes electronic payments and provides education for members.
NACHA is the national trade association that establishes the rules, standards, and procedures governing the exchange of ACH transactions between participating banks (Originating Depository Financial Institutions and Receiving Depository Financial Institutions).
NACHA A not for profit banking trade association with the largest number of member financial institutions in the country. NACHA promulgates the rules and operating guidelines for electronic payments through the ACH Network, and for EBT, electronic checks, financial EDI and cross-border transactions. The ACH Network links America's depository financial institutions to the nationwide electronic payment and collection infrastructure. See Automated Clearing House, Electronic Benefit Transfer, Electronic Check, Electronic Data Interchange.
The national association that establishes the standards, rules and procedures that enable depository financial institutions to exchange ACH payments on a national basis.