Debit Transaction ODFI Volume 
EBizCharge
JULY 16, 2024
As transaction volumes or the complexity of the ACH services increase, institutions or service providers must enhance their fraud detection and prevention mechanisms. Authorization requirements Before initiating ACH debit transactions, NACHA requires that entities obtain explicit, written authorization from the customer.
Nanonets
MARCH 21, 2023
Each transfer is sent as a message within a batch of outgoing requests by the bank making the request (known as the originating depository financial institution, or ODFI). Day 1, 10:00 PM: The processor works in conjunction with your bank (the ODFI) to submit a file to the ACH network. Book a 30-min live demo now.
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