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The National Automated Clearing House Association (NACHA) is an association that is dedicated to devising rules and laws as well as providing enforcement in dealing with electronic payments and transactions for business practices and the Automated Clearing Houses (ACH) all across the United States. NACHA is responsible for management, development and administration of the ACH Network and the monetary deals related to ACH.
The National Automated Clearing House Association (NACHA) is a non-profit organization with over 11,000 financial institution representations through 17 regional payments associations and direct membership. NACHA is sometimes mistakenly thought to be part of ACH, however this is not true. NACHA is only indirectly involved in the ACH flow to and from of transactions from the network. It does not hold any information about the financial state or the user data processed under ACH.
Many scams have been reported in the past where phishers used the name of NACHA to steal transaction information from users.