National Automated Clearing House Association (NACHA)

Definition of "National Automated Clearing House Association (NACHA)"
  1. An association that sets the guidelines for financial institutions across the nation to exchange payments
How to use "National Automated Clearing House Association (NACHA)" in a sentence
  1. Due to NACHA's guidelines, the banks were able to process the payment.
  2. NACHA-enforced standards are essential for the smooth transfer of funds on a national level.
  3. Regulations by NACHA ensure the efficient exchange of payments among financial institutions.

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