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Global ACH Payments Service Origination Manual Federal Reserve Financial Services December 28, 2010, Table of Contents Introduction ..................................................................................................................................................
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FedGlobal ACH Payments Service is a service provided by the Federal Reserve Banks that allows financial institutions to send and receive electronic payments.
Financial institutions and other entities that utilize the FedGlobal ACH Payments Service are required to file.
To fill out FedGlobal ACH Payments Service, the filer must provide specific payment information such as the amount, recipient, and payment date.
The purpose of FedGlobal ACH Payments Service is to facilitate the efficient and secure transfer of electronic payments between financial institutions.
Information such as payment amount, recipient account details, and transaction date must be reported on FedGlobal ACH Payments Service.
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