By: ABC Financial Merchant Services Effective October 3rd, NACHA has implemented a rule requiring an ODFI (Originating Depository Financial Institutions) to pay the RDFI (Receiving Depository Financial Institutions) a fee for all ACH debits returned with an unauthorized reason code. ABC will be assessing a $7.50 pass-through fee per unauthorized ACH returned to the club. … Continue reading ACH Unauthorized Entry Fee takes effect October 3, 2016
