Banner Bank ACH Originator Guide

Table of Contents 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 Exhibit H – Other Laws, Rules & Regulations Governing ACH ........................................47

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