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Nacha Members Approve Rules to Enhance International ACH Transactions
Summary by The Daily News
2 Articles
2 Articles
As International ACH Volume Grows, Nacha Readies IAT Rule Changes - Digital Transactions
Nacha members have approved five rule changes meant to boost the use and efficiency of international automated clearing house transactions. International ACH transactions totaled $270.96 billion in value in 2024 on 120.99 million payments, Nacha says. Announced Tuesday, the changes address clearing up what is an international automated clearing house transaction, and ensuring a person’s date of birth is included (an important part of sanctions s…
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