First Independent Bank Online and Mobile Banking Business Us

52

ACH

ACH File Upload

ACH File Upload allows you to upload properly formatted NACHA ACH files generated from your accounting software. The following validations are performed on uploaded ACH files: • Checking the file structure. • Recording the field validations (record length, alphanumeric, special characters, etc.). • The file is balanced utilizing an offset account available in Online and Mobile Banking. • Making sure SEC was enabled by your financial institution. • Checking that batch and file control totals equal the contents of file. • Making sure hash totals equal the contents of file. • Checking that dollar limits are within business and user aggregate ACH limits. • Making sure company names and IDs match what was set up by your financial institution. • Making sure the effective date is within the permitted date range. By checking the: • Business Cutoff • ACH Debit and Credit Lead Days • Same Day ACH Cutoff Note: ACH Upload functionality conforms to NACHA guidelines. These guidelines have been established to help financial institutions mitigate security and financial risk. Some accounting systems are not as stringent when formatting their files.

ACH: ACH File Upload