NACHA Rules definition

NACHA Rules means the rules, standards, guidelines, and directives of NACHA;
NACHA Rules. An annual publication issued by the National Automated Clearing House Association (NACHA) incorporating the rules and regulations that govern the use of the ACH network in which all ACH participants must comply.
NACHA Rules means the rules, industry standards and procedures governing the exchange of commercial ACH payments by depository financial institutions promulgated by the National Automated Clearing House Association.

Examples of NACHA Rules in a sentence

  • Member acknowledges and agrees that Xxxxxxxxx Financial has no obligation to monitor Member’s use of any Service for transactions and activity that is impermissible or prohibited under the terms of this Agreement, NACHA Rules or applicable Laws; provided, however, that Xxxxxxxxx Financial reserves the right to decline to execute any transaction or activity that Xxxxxxxxx Financial believes violates the terms of this Agreement, NACHA Rules or applicable Laws.

  • A recurring transfer with proper authority, according to the National Automated Clearing House Association (NACHA) Rules, may be created to transfer funds to/from another financial institution through the Automated Clearing House (ACH).

  • For ACH Services only, Xxxxxxxxx Financial’s liability for loss of interest resulting from its error or delay will be calculated in accordance with the method prescribed by the NACHA Rules.


More Definitions of NACHA Rules

NACHA Rules means the “Operating Rules & Guidelines” of the National Automated Clearing House Association, as revised from time to time.
NACHA Rules. An annual publication issued by the National Automated Clearing House Association (NACHA) incorporating the rules and regulations that govern the use of the ACH, Network in which all ACH participants must comply. lAT: International ACH Transaction (IAT) or IAT Entry means a credit or debit Entry that is part of a payment transaction involving a financial agency’s office that is not located in the territorial jurisdiction the United States.
NACHA Rules means the NACHA Operating Rules, as they may be‌ amended by XXXXX from time to time.
NACHA Rules. The then-current rules, regulations and procedural guidelines published by the National Automated Clearing House Association (“NACHA”) and/or all regional payment alliances associated with NACHA.
NACHA Rules means the standards, rules and procedures established and amended from time to time by XXXXX with respect to ACH. “OFAC” means the federal Office of Foreign Assets Control.