Re: ACH for electronic checks processing

It has been about 10 years since I've done anything with ACH, but it's 
regulated by the Federal Reserve, and they publish a guidebook for those who 
connect to their system for both originating and receiving ACH transmissions.

Are you connecting directly to the Federal Reserve to originate payroll direct 
deposits, or going through a financial institution?   If you're working with a 
financial institution, then they should have the information you're interested 
in.

Nathan M. Andelin



----- Original Message ----
From: Mike Cunningham <mcunning@xxxxxxx>
To: Midrange Systems Technical Discussion <midrange-l@xxxxxxxxxxxx>
Sent: Monday, January 29, 2007 10:10:50 AM
Subject: ACH for electronic checks processing

We currently use ACH for doing Payroll direct deposit. Our Accounting
office would like to start using ACH for paying AP vendors and as a way
to let students (aka parents) pay on-line tuition bills. We currently
only do online payment by credit card. We want to start collecting bank
routing and checking account numbers and doing a debit to that account
for payments via ACH.  Does anyone have and do's and don'ts or things to
watch out for? Are there any IT regulations that need to be followed
when collecting checking account information over the web like there is
for credit cards? (e.g. encrypting card numbers, data retention, SSL,
etc)