Ach Block Filter Agreement
This product has been designed to provide a full service agreement between ODFI, the initiator and third-party providers. The electronic document contains a customizable Microsoft Word document that contains critical business terms between these parties. Automatically block or filter unjustified ACH (Automated Clearing House) transactions and only accept authorized direct debits/credits based on criteria you have selected in advance. Carrier banks should understand the need for flow filters. It is not necessary to remove the load block on behalf of the carriers. The only prerequisite would be the implementation of a flow filter. The debit filter only allows debit transactions from a given sender to access their respective accounts.