Examples of ACH Rules in a sentence
As Fiscal Agent, each Federal Reserve Bank shall be re- sponsible only to the Treasury and not to any other party for any loss result- ing from the Federal Reserve Bank’s action, notwithstanding Section 11.5 and Article 8 of the ACH Rules.
An agency that reverses an entry shall indemnify the RDFI as provided in the applicable ACH Rules, but the agency’s liability shall be limited to the amount of the entry.
Reversals under this sec- tion shall comply with the time limita- tions set forth in the applicable ACH Rules.
If the Federal Government reverses a file, the Federal Government shall indemnify the RDFI as provided in the applicable ACH Rules, but the extent of such liability shall be limited to the amount of the entries comprising the duplicate or er- roneous file.
We shall not be obligated to comply with the Automated Clearinghouse (ACH) Rules in such recovery efforts or otherwise in connection with Popmoney Instant Payments.