Events

Operations Alert: Hurricane Helene and Excused Delay
Anne-Marie Leake
/ Categories: News, Rules & Regulations

Operations Alert: Hurricane Helene and Excused Delay

The Office of the Comptroller of the Currency (OCC) issued a proclamation allowing national banks, federal savings associations, and federal branches and agencies of foreign banks to close offices in areas of Alabama, Florida, Georgia, and Tennessee affected by Hurricane Helene.

In issuing the proclamation, the OCC expects that only those bank offices directly affected by potentially unsafe conditions will close. Those offices should make every effort to reopen as quickly as possible to address the banking needs of their customers.

In light of this storm and its impact, ePayResources wants to remind our members of the proper application of the Excused Delay provision of the Nacha Operating Rules. Click Read More below to read the complete ePayResources Operations Alert (member login required).  

Print
31
Topic
  • ACH
  • Industry News
Delivery Type
  • Articles / Editorial
  • Partner / Industry Resources
Role
  • Back Office Operations
  • Compliance, Risk Incident Management
  • Executive Leader
  • Frontline Operations
  • Payments Support
  • Strategist / Thought Leader
Organization Type
  • Associations
  • Corporation
  • Challenger / Neo Bank
  • Financial Institution
  • Government Agency
  • Software & Service Provider / FinTech
Knowledge Level
  • Advanced
  • Beginner
  • Intermediate
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