Quiz for B2B: ACH Overview
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Question 1 of 10
1. Question
- What does ACH stand for?
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Question 2 of 10
2. Question
2. What does EFT stand for?
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Question 3 of 10
3. Question
3. What regulation covers EFTs?
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Question 4 of 10
4. Question
4. What does ODFI stand for?
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Question 5 of 10
5. Question
5. What does RDFI stand for?
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Question 6 of 10
6. Question
6. Can all banks participate in the ACH network as an RDFI
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Question 7 of 10
7. Question
7. What are an RDFIs responsibilities? (Select all that apply)
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Question 8 of 10
8. Question
8. Who or what is a Receiver?
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Question 9 of 10
9. Question
9. NACHA rules and guidelines are the same thing?
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Question 10 of 10
10. Question
10. When does the Audit have to be completed by each year?