Limitation on Warranty Claims
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| Effective June 30, 2021, Nacha’s Limitation on Warranty Claims rule takes effect. The rule reduces the amount of time an RDFI can make a breach of warranty claim for unauthorized entries to the ODFI. This micro-session explains the rule in easy-to-understand language and provides a calculator to help the RDFI determine if and when to make a breach of warranty claim. |
Key:
Limitation on Warranty Claims
Begin self-paced component package.
Begin self-paced component package.