NACHA Starts Charging Fees for ACH Payments

HERNDON, Va. – The National Automated Clearing House Association, or NACHA, announce dit has started assessing credit unions and banks a fee for all automated clearing house transactions, except ‘on-us’ transactions. NACHA is charging a fee of $0.0001 on all ACH transactions, as well as an annual charge of $42. Transaction fees will be assessed on all originated and received ACH credits and debits, including non-dollar transactions. The new fees will help pay for operations of the network, including maintenance and enforcement of NACHA operating rules, risk management programs, development of new rules, communications, marketing, research and data collection.

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