ACH Origination Agreement
Revised for 2023
As ACH Origination services grow in volume and complexity, it is now more important than ever for financial institutions to have a strong legal agreement in place to protect themselves. This, NACHA-compliant, sample ACH Origination Agreement includes the critical terms and conditions needed between financial institutions and their ACH originators. In addition, the agreement includes the unique Standard Entry Class (SEC) code provisions, sample commercially reasonable Security Procedures, sample Direct Deposit and Direct Payment forms, and a Federal Reserve Bank Holiday Schedule. The ACH Origination Agreement is provided in an electronic Microsoft Word document for easy customization.
*Macha/PAR strongly recommends that your legal counsel review the agreement prior to execution.*
Please Note: The sample ACH Origination Agreement is available to Macha/PAR Members for FREE as one of our many Membership Benefits.
Members: to receive your complimentary copy visit the Members Only Tab (you must be logged in and select Forms/Agreements.