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TREAS/FMS RIN: 1510-AB00 Publication ID: Fall 2008 
Title: Federal Government Participation in the Automated Clearing House (ACH) 
Abstract: The Department of the Treasury, Financial Management Service (FMS), periodically reviews the private sector Automated Clearing House (ACH) operating rules established by NACHA--The Electronic Payments Association and adopts or declines each rule. FMS published a final rule amending 31 CFR part 210 (part 210) to adopt certain ACH rules, including a new ACH rule establishing a per transaction fee for the origination and receipt of ACH transactions. In addition, the rule provides two exceptions to the deposit account requirement contained in 31 CFR 210.5. Section 210.5 requires that an ACH credit entry representing a Federal payment other than a vendor payment be deposited into a deposit account at a financial institution “in the name” of the recipient. In April 2005, Treasury waived this requirement to allow some or all of the amount to be reimbursed to a Federal employee for official travel credit card charges to be disbursed directly to the credit card issuing bank. The rule codifies this waiver. The rule also provides an exception from the requirements of section 210.5 in cases where a Federal payment is to be disbursed through a debit card, stored value card, or prepaid card program established by FMS. The comment period on the proposed rule (73 FR 1560) preceding this final rule closed on March 10, 2008. 
Agency: Department of the Treasury(TREAS)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: No  Unfunded Mandates: No 
CFR Citation: 31 CFR 210   
Legal Authority: 5 USC 301    5 USC 5525    12 USC 90    12 USC 265 and 266    12 USC 391    12 USC 1767    12 USC 1789(a)    31 USC 321    31 USC 3122    31 USC 3301 to 3303    31 USC 3321    31 USC 3325    31 USC 3327 and 3328    31 USC 3332    31 USC 3335 and 3336    31 USC 3720    31 USC 6503   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  01/09/2008  73 FR 1560   
NPRM Comment Period End  03/10/2008    
Final Action  09/10/2008  73 FR 52578   
Regulatory Flexibility Analysis Required: No  Government Levels Affected: Federal 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
William Brushwood
Financial Program Specialist, Settlement Services Division
Department of the Treasury
Financial Management Service
401 14th Street SW.,
Washington, DC 20227
Phone:202 874-1251
Fax:202 874-6965
Email: bill.brushwood@fms.treas.gov