NACHA Rules definition

NACHA Rules means the rules, standards, guidelines, and directives of NACHA;

NACHA Rules. An annual publication issued by the National Automated Clearing House Association (NACHA) incorporating the rules and regulations that govern the use of the ACH network in which all ACH participants must comply.

NACHA Rules means the “Operating Rules & Guidelines” of the National Automated Clearing House Association, as revised from time to time.

Examples of NACHA Rules in a sentence

• The Client shall adhere to the standards and requirements set forth by Nacha Rules, ensuring the proper and lawful execution of electronic payments and transactions.

• In the event Client violates any of the applicable Nacha Rules and Xxxxx imposes a fine on Bank because of Client’s violation, Bank may charge the fine to Client.

• Each of Verto and the party entering into these U.S. Terms (“Client”) may be referred to as a “Party” and together, the “Parties.” Capitalized terms used herein and not otherwise defined in these U.S. Terms shall have the meanings set forth in the Nacha Rules (defined below).

• If Client is unable to comply with a NOC due to the NOC lacking or containing incorrect information or failure of the NOC to comply with Nacha Rules, Client agrees to notify Xxxxx so that a refused NOC can be transmitted within fifteen (15) days of the receipt of the NOC.

More Definitions of NACHA Rules

NACHA Rules means the rules, industry standards and procedures governing the exchange of commercial ACH payments by depository financial institutions promulgated by the National Automated Clearing House Association.

NACHA Rules. An annual publication issued by the National Automated Clearing House Association (NACHA) incorporating the rules and regulations that govern the use of the ACH, Network in which all ACH participants must comply. lAT: International ACH Transaction (IAT) or IAT Entry means a credit or debit Entry that is part of a payment transaction involving a financial agency’s office that is not located in the territorial jurisdiction the United States.

NACHA Rules. The then-current rules, regulations and procedural guidelines published by the National Automated Clearing House Association (“NACHA”) and/or all regional payment alliances associated with NACHA.

NACHA Rules means the standards, rules and procedures established and amended from time to time by XXXXX with respect to ACH. “OFAC” means the federal Office of Foreign Assets Control.

NACHA Rules means operating rules and guidelines promulgated by NACHA and governing ACH Transactions or the related activities of parties involved in ACH Transactions, as amended or modified from time to time.

NACHA Rules means Operating Rules and Guidelines of the National Automated Clearing House Association (“NACHA”), as amended from time to time.

NACHA Rules means the NACHA Operating Rules, as they may be‌ amended by XXXXX from time to time.