COVID-19: NACHA’s FAQs Offer Guidance To Industry Participants During The Pandemic

LexisNexis (May 5, 2020, 2:24 PM EDT) -- As part of its toolbox for dealing with the pandemic crisis, NACHA released updated FAQs on April 6, 2020. The FAQs distill key information based upon questions posed to NACHA by industry participants. The FAQs answer questions relating to RDFI’s and ODFIs. We’ve selected several FAQs to discuss and offer several takeaways....