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NACHA Data Security Rules 2021
Hi there,
I have a global account where there are subsidiaries in various countries including the United States. We are wanting to set up Electronic Payments in the US noting that once you enable the NACHA rules box in the system, you cannot revert back. My understanding is that there will be a requirement to enable NACHA in order to make electronic ACH payments from NetSuite?
We are using electronic payments for all of our non-US entities, if we enable NACHA rule box, does it only affect and encrypt the data of bank details where the payment file format = ACH? Will it impact my other subs who are not using ACH?