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Where these Rules provide that authorization for an Entry may be obtained by notice to the Receiver, the Receiver’s authorization may also be obtained by a signed, written authorization that meets the requirements of this subsection.

 

Originating PPD Entries

Note

Prior to originating a PPD debit Entry to a consumer account, an Originator must:

  • Provide the Receiver with a written authorization that is readily identifiable as an ACH debit authorization and contains clear and readily understandable terms that meet the minimum authorization requirements.

  • Obtain the Receiver’s agreement to the terms of the authorization via his signature or electronic signature equivalent (i.e., the authorization must be similarly authenticated).

When originating a PPD Entry for a Return Fee Entry to a consumer account, an Originator must:

  • Obtain the Receiver’s authorization for a Return Fee Entry originated using the PPD Standard Entry Class Code by either (1) obtaining the Receiver’s written authorization, or (2) providing the Receiver with the required notice

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Info
For detailed information on Return Fee Entries and authorization requirements, please refer to Chapter 54 within the Special Topics section of these Guidelines

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When originating a PPD credit Entry to a consumer account, an Originator must:

  • Obtain an authorization from the Receiver that is readily identifiable as an authorization and has clear and readily understandable terms. Authorization for a PPD credit entry is not required to be in writing.

Info

For detailed information on Return Fee Entries and authorization requirements, please refer to Chapter 54 within the Special Topics section of these Guidelines.

Originating CCD Entries

Note

Prior to originating a CCD Entry to a non-consumer account, an Originator must:

  • Obtain the corporate Receiver’s authorization to originate entries to the Receiver’s account that meets the minimum authorization requirements and

  • Obtain the corporate Receiver’s agreement to be bound by the NACHA Operating Rules.

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