ACH Block/Filter Services Clause Samples

The ACH Block/Filter Services clause defines the procedures and protections related to blocking or filtering Automated Clearing House (ACH) transactions on a bank account. This clause typically allows account holders to specify which ACH debits or credits should be permitted or denied, often by setting up filters based on originator, amount, or transaction type. For example, a business might use these services to prevent unauthorized withdrawals by only allowing ACH transactions from approved vendors. The core function of this clause is to enhance account security and reduce the risk of fraud by giving account holders greater control over incoming and outgoing ACH transactions.