Banner Bank ACH Originator Guide

First page Table of contents Next page Last page

Questions/Support	3
ACH Overview	4
ACH Main Participants & Key Definitions	4
Laws, Rules & Regulations Governing ACH	5
Your Warranties and Liabilities	6
Consumer vs. Corporate Entries	6
Standard Entry Class Codes	8
Company Entry Description	10
Authorization Requirements	11
Consumer Authorization Requirements for Variable Amounts or Dates	12
Authorization Best Practices	12
Standing Authorizations	14
ACH Processing Limits	15
ACH Entries and Exceptions	16
ACH File Format	16
ACH Prenotifications	18
Notifications of Change	19
Returned Transactions	20
Options for Receiving Returns and Notifications of Change	21
Reinitiation of Return Entries	21
Exception Handling Procedures	22
Submitting an ACH Delete Request	22
Submitting an ACH Reversal Request	23
Origination File Delivery Deadlines & Cutoff Times	24
Holiday Processing Schedule	25
Mitigating Fraud Risk	27
Fraud Monitoring Requirements	29
Exhibits & Supporting Documents	31
Exhibit A - ACH Contact Information	32
Exhibit B – Supported Standard Entry Class Codes	33
Exhibit D – Notification of Change Codes	39
Exhibit E – Sample Return and Notification of Change Report	40
Exhibit F – PPD Authorization Requirements	41
	42
< Street Address, City State Zip>	42
< Phone Number>	42
	44
< Street Address, City State Zip>	44
< Phone Number>	44
Exhibit H – Other Laws, Rules & Regulations Governing ACH	47

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