This publication from NACHA – The Electronic Payments Association provides a review of the variations in legal requirements and processing obligations relating to the origination of ACH entries when a Third-Party Service Provider, acting as a Third-Party Sender, is involved in the origination of transactions through the ACH Network. Third Party Senders & The ACH Network: An Implementation Guide is designed primarily for use by Originators, ODFIs, and those Third-Party Service Providers that act in the specific role of Third-Party Senders as defined by the NACHA Operating Rules.
Table of Contents
Section One – Introduction
A. Background
B. Organization and Coverage of This Book
C. Overview of the ACH Network
1. ACH Participants
2. Payment Applications
Section Two – General Concepts
A. Third-Party Service Providers and ACH Processing
B. Third-Party Service Providers and the NACHA Operating Rules
C. The Many Roles of the Third-Party Service Provider
Section Three – Third-Party Senders and ACH Processing:
Understanding the New Environment
A. Issues for Originating Depository Financial Institutions (ODFIs)
B. Issues for Third-Party Senders
C. Issues for Originators
Section Four – Frequently Asked Questions
Section Five – Third-Party Sender Case Studies
Section Six – Sample Agreements
Section Seven – Understanding the ACH Network: An ACH Primer
