FAQs

The Rules primarily govern the ACH Network. Various Federal Government regulations, such as the Uniform Commercial Code, Regulation E, The Code of Federal Regulations Title 31 CFR Part 210 (Green Book), and the Office of Foreign Assets Control (OFAC), also apply to ACH entries. (Exhibit A) The Rules incorporate these requirements and serve as the primary source for ACH specific requirements. More information about other rules and regulations that govern ACH entries can be found in the Nacha Rules Book, which members will receive a subscription code to access online, free for the first year.

Code	Use Case	Description
PPD	Consumer	Payroll, membership dues, recurring payments
CCD	Corporate	Vendor payments, business-to-business transactions

Originator (that’s you!)	The business initiating the ACH transaction.
ODFI (that’s us!)	Premier America, your ACH processing partner.
Receiver	The person or business that is receiving funds or having funds debited from their account.
RDFI	The financial institution receiving and processing the ACH entry.

Premier America will supply you with the rule book upon enrollment. Thereafter, you will be responsible with purchasing the updated versions in the following years. The rule book can be purchased from Wespay.