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Business Banking Toolbox

ACH Services

Return and NOC reports:

  • Can be automatically generated and shared with your commercial clients enabling them to react quickly to potential issues
  • NACHA formatted return file can be automatically shared with your commercial clients to allow straight-through processing.
  • Provide information contained in the original forward entry along with return/NOC information supplied by the Receiving Depository Financial Institution (RDFI) or ACH operator
  • Are conveniently sent directly to your clients via encrypted email or made available for incorporation into your internet banking cash management portal

Ask your relationship manager about the FedPayments® Reporter Return Item and NOC reports for clients.

FedPayments Reporter Service Return Item and NOC Reports for clients may present a revenue opportunity depending on whether your institution chooses to charge for provision of such services. Charging a fee is strictly a business decision for your institution.

Professional remittance reports for your clients that:

  • Are available in summary or detail formats showing the EDI addenda information included in the ACH item
  • Allow data to flow directly to clients early in the morning via encrypted email or be made available for incorporation into your internet banking cash management portal
  • Generates reports for unique clients such as the Social Security Beneficiary report and a report for originators of addenda (EDI) included in their outgoing originator files

Ask your relationship manager about the FedPayments Reporter Remittance Advice Summary and Detail and Social Security Beneficiary Reports.

  • View sample reports (PDF):
    • Remittance Advice Summary and Detail Reports
    • Social Security Beneficiary Report
    • Originators’ addenda records as reported in Remittance Advice reports generated at an originator level

The various FedPayments Reporter Service EDI data reports for clients may present a revenue opportunity depending on whether your institution chooses to charge for provision of such services. Charging a fee is strictly a business decision for your institution.

This service gives you the ability to:

  • Proactively notify clients of incoming ACH entries, in particular those that may bear greater risk; i.e. large dollar debits, payments from specific vendors, WEB and TEL entries etc.
  • Actively alert your clients via email about incoming ACH items of interest to them, for example
    • The CFO wants to be aware of debit and credit entries greater than $10,000 (customized dollar value) to manage their cash position effectively
    • Accounts Receivable desires a list of CCD and CTX entries so timely returns can be functioned
    • The President desires to be aware of monthly grant payments from a particular program (ODFI and Company name)
    • The warehouse manager does not want to release goods until he knows the payment has been confirmed (ODFI and Company name)
  • Customize by company and individual needs providing a flexible and cost effective solution for sharing payment information
  • Send clients an email with an attached PDF copy of all entries matching their desired criteria
  • Provide timely notification of desired information, through direct communication with the person who needs it, and help reduce calls to customer support and the expense associated with them

Ask your relationship manager about FedACH Risk® RDFI Alerts at the item level.

The FedACH Risk RDFI Alert item-level alerts for clients may present a revenue opportunity depending on whether your institution chooses to charge for provision of such services. Charging a fee is strictly a business decision for your institution.

  • STP option results in significant time savings and error avoidance for your sophisticated receivers
  • Clients with EDI-compatible accounts receivable systems use this machine-readable file containing unconverted ACH payment-related information to automatically post and close open receivable items in their accounting systems
  • Available in a NACHA-formatted file or an as-is text extract
  • Eliminates manual processing and rekeying of information, reducing human intervention and errors
  • Optimizes the speed at which transactions are processed

Ask your relationship manager about FedPayments Reporter Payment Data Information File.

The FedPayments Reporter Service Payment Data Information File “straight-through processing” (STP) for clients with automated systems may present a revenue opportunity depending on whether your institution chooses to charge for provision of such services. Charging a fee is strictly a business decision for your institution.

This report:

  • Provides data for all received ACH payments including returns, NOCs and same day entries
  • Delivers an easy option for clients to review incoming ACH items, reconcile accounts receivable data and catch fraudulent transactions
  • Easily identifies large volume/dollar transactions through ability to search, sort, sum and count by available fields
  • Helps analyze payment streams by vendors
  • Flows reports direct to clients via encrypted email or through your internet banking cash management portal
  • Is available in a variety of formats (.XLSX, .CSV, .PDF, .TXT, .HTML)
  • Has advanced setup features at the institution-level to limit the report to specific entries
    • SEC codes, number of entries, forward, return, NOC, Same Day settlement

Ask your relationship manager about FedPayments Reporter ACH Received Entries Detail Report (daily, weekly, monthly).

The FedPayments Reporter Service ACH Received Entries Detail Report (daily, weekly, monthly) may present a revenue opportunity depending on whether your institution chooses to charge for provision of such services. Charging a fee is strictly a business decision for your institution.

With implementation of Same Day ACH, you can be better prepared to handle contingency situations and offer enhanced services to your clients.

If you submit a client’s file with a current or previous date in the effective date field prior to 2:45 p.m. ET, the items will be presented to the receiving institution and settle on the same day. Discuss the possibilities with your operations staff to ensure that you have pricing and customer agreements properly in place.

Examples of client-related uses to consider for Same Day ACH:

  • Contingency if your client neglects to send their payroll file prior to the day that payroll is due
  • Contingency if your area has weather issues which delay receiving your client’s ACH file
  • Pay hourly staff via ACH rather than a separate process of cutting checks
  • Facilitate B2B or P2P payments
  • Initiating debit or credit transactions for specific payment dates or pre-arranged payment periods
  • Intiating transactions to maximize cashflow
  • Prenotifications, notifications of change, zero dollar remittance transactions

Ask your relationship manager about the Same Day ACH-Related Products.

Offering clients a Same Day ACH settlement option may present a revenue opportunity depending on whether your institution chooses to charge for provision of such services. Charging a fee is strictly a business decision for your institution.

  • Conveniently provides the details and EDI-based information of an ACH international payment direct to your clients via encrypted email or through availability for incorporation into your internet banking cash management portal
  • Includes all payment-related information (up to 9 addenda records) and is presented in an easy-to-understand format
  • Clients use this ACH addenda information to match payments to open accounts receivable entries

Ask your relationship manager about FedPayments Reporter International (IAT) Report.

FedPayments Reporter Service International (IAT) Report with related EDI data may present a revenue opportunity depending on whether your institution chooses to charge for provision of such services. Charging a fee is strictly a business decision for your institution.

Proactively provide your customers with workable information about all of their originated ACH transactions. The report may be scheduled daily or monthly, or run on-demand and is useful for not only analyzing Same Day ACH origination, but all forward and returns originated batches as well. The report includes the following information:

  • Dates (processed, received, effective entry)
  • Received Time
  • Same Day Settlement Indicator
  • NACHA Same Day fee counts
  • Originator Name and ID
  • File ID Modifier
  • Forward/Return Indicator
  • SEC Code
  • Batch Number
  • Entry counts
  • Dollar Amounts

Ask your relationship manager about FedPayments Reporter Originated Batch/Entries Details Reports.

With ACH origination monitoring, you can:

  • Help your financial institution recognize risk for your client whether it is from internal or external sources
  • Be alerted to situations in advance of a file being processed, giving you the ability to reduce risk for your client and for your institution
  • Receive a notice when a client (or internal staff) originates batches greater than a designated amount or “outside the norm”; keeping you in the loop and helping you protect your clients and your institution
  • View historical reports to keep you apprised of client performance and/or changes in performance
  • Meet requirements of your safety and soundness concerns

Ask your relationship manager about the FedACH Risk Origination Monitoring Service.

Through the use of FedACH Risk RDFI alerts, your institution can:

  • Proactively manage known risks, take action, and provide advance communication to your clients
  • Receive notice of unusual conditions within your incoming ACH batches and/or files such as
    • activity on a closed account
    • batches containing unusually large numbers of transactions and addenda - that could indicate potential fraud attempts such as phishing for valid account numbers
    • significant origination errors such as large debit amounts
  • Be notified of threshold breaches throughout the day, allowing you to act earlier on potential issues to minimize their effect on your institution
  • Be notified of same day transactions

Ask your relationship manager about FedACH Risk RDFI Alert at the batch level.

As the Treasury Management/Cash Management unit, do you know your customer? Have there been changes in their processes? Are there new opportunities for you to explore?

Consider using the Return Ratio, SEC Code or ACH Received Entries Detail Report (daily, weekly, monthly) as additional tools in helping you know your customers!

The Return Ratio Report

  • Provides valuable information about your clients’ origination data (i.e. their volume, item count, SEC codes used, etc.)
  • Provides data related to ACH return rates to help you monitor whether clients are exceeding the return ratio thresholds established by NACHA
  • Helps you confirm the performance of your clients
  • Provides an easy means of looking at trends

The SEC Code Report

  • Shows monthly originated, received, and return totals
  • Helps determine if clients are initiating ACH entries that might be out of compliance with established origination caps
  • Available at the financial institution level and at the client level
  • Can easily be sent via encrypted email directly to your client or uploaded through your internet banking cash management portal

ACH Received Entries Detail Report (daily, weekly, monthly)

  • Review list of incoming items into your clients’ accounts to KYC
  • Provides insight into your clients' ACH activity
  • Provide daily, weekly and/or monthly listing of key information
  • Analyze payment streams by vendor
  • View trending; utilize to project cash flow
  • Ability to search/sort/sum/count by available fields

Ask your relationship manager about FedPayments Reporter Return Ratio Report, SEC Code Report and ACH Received Entries Detail Report (daily, weekly, monthly).