Regulatory Alerts2020-01-01
Retail Payments Jamaica Limited ACH Rules Appendices 1-7 Amended July 2020
Retail Payments Jamaica Limited issued the July 2020 amended Automated Clearing House (ACH) Appendices and Technical Specifications to define operational standards for participating financial institutions. The document mandates specific electronic transmission requirements, data formatting rules, and strict record sequencing for ACH files to ensure compatibility and prevent rejection. It further details the precise structure of File Header, Batch, and Entry Detail records alongside comprehensive code values for transaction processing.
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