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Vendor that performs ACH verification
July 26, 2022
Q. I would like to know if anyone on the Advisory Panel uses a vendor to perform ACH verifications. If so, what vendor do they use and what is their success rate?
Also, what was the ease of implementation? If the Panelists have any other information/details they’d like to share, I’d appreciate it!
A.
(Answered by the IOFM Advisory Panel)
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We have a process in place currently that involves four steps within the department in which each staff member has a specific function in verifying the…
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