NACHA launches check-conversion training manual
December 4, 2006
HERNDON, Va. - NACHA-The Electronic Payments Association has released resource materials that businesses and financial institutions can use to train staff about the new ACH check-conversion application.
Enabled by new NACHA rules, which take effect March 16, back-office conversion allows businesses and billers that accept checks at the point-of-sale or at manned bill-payment locations to convert eligible checks to ACH debits in a centralized location.