Common use of ACH Security Framework Clause in Contracts

ACH Security Framework. You are bound by the NACHA established minimum data security regulations: to protect sensitive non-public data of their customer or employees. This includes confidential and personal data such as: Health information, Social Security Numbers, Driver’s License Numbers, Bank, and account number information. Monitoring access controls against unauthorized use to systems with sensitive ACH data. Create, verify, or update security policies, procedures and controls related to the initiation, processing, and storage of ACH entries. Storage and safekeeping procedures for voided checks and ACH Authorization agreements.