Will the Federal Reserve support prenotification and notification of change entries for international ACH items?
As an ACH operator, the Federal Reserve will process all IAT items according to the ACH Rules, which allow for prenotification and notification of change (NOC) entries. However, as a gateway operator, the Federal Reserve will apply edits according to FedGlobal Services specifications and business operating procedures. These differences include, but are not limited to, prenotifications, NOCs, recalls and reversals. For additional details regarding FedGlobal Services, please refer to the appropriate service implementation manual.
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