Overview

The ACH system is the primary electronic funds transfer (EFT) system used by agencies to make payments, and the Financial Management Service anticipates that agencies increasingly will use the ACH system to collect funds.

Part 210 provides the regulatory foundation for use of the ACH system by agencies. It defines the rights and liabilities of agencies, Federal Reserve banks, financial institutions, and the public, in connection with ACH credit entries, debit entries, and entry data originated or received by an agency through the ACH system.

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For further information, please send your questions to greenbook@fms.treas.gov.


   Last Updated:  March 14, 2014