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NACHA Rule Changes – Stop Payments and Authorization Revoked

Financial Institutions

March 25, 2010
by Teresa Francis, CIA, AAP

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Teresa Francis Teresa Francis, CIA, AAP


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Two changes to the National Automated Clearing House Association (NACHA) operating rules relating to stop payments and Regulation E and authorization and returns became effective on March 19, 2010. These changes require a review of the procedures and forms a financial institution has established to ensure compliance with Regulation E and the rules.


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