Importance of ACH File Validation
Common consequences of not validating an ACH File
Delayed Payroll Processing
Manually checking bank account details before processing payments is time consuming and error-prone
Failed Vendor Payments
Fake or stolen bank account details lead to financial loses and chargebacks
Increase Operational Costs
Invalid bank account details causes failed payments and frustrated customers
Compliance Issues
Ensure adherence to NACHA formatting requirements.
Increase Payment Success Rates
Submit validated files to reduce ACH returns.
Rejection Fees and Penalties
Submitting files with errors incur rejection fees and penalties.
What Does ACH File Validator Check
ACHgenie is an ACH File Validator software tool that analyzes ACH and NACHA files to identify formatting errors, missing fields, invalid data, and compliance issues before submission to a financial institution.
NACHA file structure
Validate file, record and field formatting.
Record validation
Check length and record type for each line
Ordering of record types
Check ordering of elements: File Header, Batch Header, Transaction, Addenda, Batch Control, and File Control
ABA Routing Numbers
Check ABA routing numbers and validate Check digits.
Field validation
Validate field values. Easily jump to fields with errors.
Control Totals
Validate Batch and File control totals and hash values.
