ACHZone

Your Catalyst for All Things ACH.


News

  • June 20, 2017 ACH Dual Control
    Catalyst Corporate strongly encourages credit unions to enforce dual control in the intended manner for the creation and release of ACH batches. Having a second set of eyes to verify the transactional details may help prevent mistakes and unwanted items from being processed, ultimately saving money, time and frustration.
     
  • June 20, 2017 Part 3: Standard Entry Class and Transaction Codes
    In 2017, the ACH Advisor will publish a six-part series detailing the ACH cycle. Facts, rules, codes, charts and helpful hints will be available for those who process, post, return and balance ACH transactions. At the end of the series, content will be available in TranZact as a reference guide for ACH personnel. Part 3 defines the various Standard Entry Class Codes and Transaction Codes, including how to use and identify each for ACH processing.
     
  • April 21, 2017 Part 2: ODFIs and Originators
    The ACH Advisor will publish a six-part series detailing the ACH cycle. Part 2 outlines the roles of Originating Depository Financial Institutions (ODFIs) and their responsibilities and relationship to other ACH participants.
     
  • February 24, 2017 Part 1: The Participants, the Process and the Responsibilities
    In 2017, the ACH Advisor will publish a six-part series detailing the ACH cycle. Facts, rules, codes, charts and helpful hints will be available for those who process, post, return and balance ACH transactions. Part 1 outlines the participants and framework of the ACH cycle.
     
  • February 23, 2017 Same Day Debits Will Debut September 15
    Phase 2 of Same Day ACH will be here before you know it! On September 15, 2017, debits will be included in Same-Day ACH processing.