Per the National Automated Clearinghouse Association (NACHA) Operating Rules, health plans, clearinghouses, or payment-related vendors must receive explicit authorization from the provider prior to use of the ACH EFT
debit transaction for recoupment purposes.
Being involved with EFT
from the outset meant that DuServe had to begin work on the site on a mostly blank slate.
can be a risk factor for coronary artery disease but a met analysis study for correlation EFT
and coronary artery disease seems necessary.
In a bill-payment system, for example, if the consumer authorizes a financial institution to make monthly payments to a payee by means of EFTs
, and the payments take place without further action by the consumer, the payments are preauthorized EFTs
For IRS guidance on the waiver of penalties for certain EFT
deposits, see "Tax Trends" p.
Q How do the Prompt Payment Act provisions apply to the EFT
process and how does it relate to EFF payments?
Once again, TEI appreciates the opportunity to participate in the development of the EFT
In the publications, it was claimed that NEK has sold excess energy to EFT
- a company formed 2 months before receiving the offer of mediation.
As part of the agreement Digital can provide customer and technical service for all EFT
mobile PDA phones on a monthly basis.
Under the amendments to the GLB Act, an ATM operator that imposes a fee on a consumer for an electronic fund transfer (EFT
) service is required to provide notice of that fact in a prominent and conspicuous location on or at the ATM where the EFT
6302-1(h) prescribes rules for implementing an EFT
system for the collection of depository taxes.
Through the automated clearinghouse network (ACH), an ODFI transmits an electronic impulse to an RDFI, whereby the RDFI debits or credits the account of the customer that has authorized the EFT
to take place and transmits that money electronically through ACH to the ODFI.