NACHA Rule Changes

Effective: 2015-01-01

• This Rule revises the NACHA Operating Rules to clarify that, with the exception of an IAT (International ACH Transaction) Entry, the Prenote Entry does not need to include addenda records that are associated with the subsequent live Entry.
• The Rules require that the format of a Prenote Entry be the same as the live Entry. There are, however, some differences between Prenotes and live Entries to which the Prenote relate:
  • The dollar amount of a Prenote Entry must be zero;
  • A Prenote Entry is identified by a unique transaction code; and
  • Addenda records associated with a live Entry are not required with a Prenote (unless the Prenote relates to an IAT Entry).

NOTE: While the Rules do not prohibit an Originator from transmitting addenda records with a Prenote Entry, an Originator should have no expectation that a Receiving Depository Financial Institution (RDFI) will do any processing or verification of remittance data contained within. Originators wishing to validate proper formatting of remittance data for future entries to a non-consumer account should, instead, transmit a zero dollar Entry using the appropriate zero dollar transaction code.

Effective Date: 2015-01-01 12:00 am