ACH

Working with ACH

5min

ACH is a payment method used in the United States for either a debit (pull) or credit (push) transactions between a sender (originator) and recipient (receiver). The ACH network offers Same Day ACH, so that transactions can clear on the same business day they are initiated.

ACH is governed and administered by the National Automated Clearing House Association (Nacha).

To find out more information about ACH at Cross River see ACH Product Overview.

Manage your ACH activities from the Payments screen in the ACH tab.

ACH payment details

ACH Holds

Memo Posts

Related Transactions

Payment Actions

Payment History

Click the bottom item in the Payment History area to view the Outbound or Inbound Origination history information for that related payment.

In the Client Batch Search screen, click an entry to view a particular batch.

Column

Description

Ref ID

Transaction reference ID

TRACE #

Nacha trace number

STATUS

Payment status

POSTING

Inbound /Outbound

TYPE

Code for posting transaction

PARTNER

Date and timestamp of payment

ORIGINA

Payment originator

RECEIVER

Payment receiver

SEC

SEC Code

TRANS

Transaction (Pull / Push)

AMOUNT

Dollar amount

Client Batch Tasks

Cancel Batch

  1. Click Cancel Batch to open the dialog.
  2. Click No/Yes.

Client Batches

Holds

Column

Description

Ref ID

Payment Ref ID

Partner

Partner the payment is associated with.

Note: You can click the partner name to view partner details.

Status

Payment status.

Pen icon displays when a NOC (Notification of Change) was sent for the payment.

Arrow icon displays when the payment has a linked ACH return.

Trans Type

Transaction type (Push/ Pull)

Completed

Time and date of hold completion

Reason Code

Reason code linked to ACH return or NOC

SEC

SEC (Standard Entry Class) code of payment

Direction

Inbound/ Outbound

Service

Service type (SameDay/Standard)

Created

Dateand time the payment was initiated

Source

Paymentsource. For Inbound payments the value will always be “File”, and for outbound payments the value will always be “API” or “Partner Portal”.

Hold Days

Numberof days the credit to an account for an outbound pull payment is held.

Note: This field applies to outbound pulls only.

Client Identifier

Use this attribute to add your own unique identifying string to a payment call or COS record. This attribute is useful for idempotency purposes.

Product

Product associated with payment

Posting

Posting status of payment and account number associated with payment.

Note: You can click the account number to view the account details.

Box icon indicates a single posting



Trace #

Unique core trace number of payment

Data

Company discretionary data on payment

Type

Payment type

Direction

Payment direction (Inbound / Outbound)

Amount

Payment amount

DESC

Payment description

Effective

Effective date of payment (YYMMDD)

Purpose

Purpose of payment

Addenda

Addenda information included in payment

Originator

Routing #

Originator routing number

Account #

Originator account number

Account Type

Originator account type

Name

Originator name

Identification

10-digit identification number for originator

Data

Company discretionary data

Address

Address 1-3 of originator

City

City of the originator

State

State of the originator

Country

Country of the originator

Receiver

Routing #

Receiver routing number

Account #

Receiver account number

Account Type

Receiver account type

Name

Receiver name

Identification

Receiver identification, corresponding to “Individual Identification Number” Nacha field

Data

Company discretionary data

Address

Address 1-3 of receiver

City

City of receiver

State

State of receiver

Country

Country of receiver

IAT Originating Bank. These fields are for international transactions only:

Name

Name of the bank where the transaction originated

Identification

The originating bank identification

Country

The country code of the originating bank

IAT Receiving Bank. These fields are for international transactions only:

Name

Name of the bank where the transaction is received

Identification

The receiving bank identification

IAT Correspondent Bank 1. These fields are for international transactions only:

Name

Name of corespondent bank

Identification

The correspondent bank identification

Country

The country code for the correspondent bank

Payment Details

Notes on payment holds display here.

Hold Details

OFAC Scan: displays if hold has either been Cleared or Escalated.

Originate an ACH payment

Simulate Inbound



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