R17-8-404. Procedures for Payment

A. All electronic funds transfers shall be in compliance with the Nacha Operating Rules and Guidelines. B. A licensee may remit payments by either ACH credit or ACH debit. C. A licensee using the ACH credit method shall ensure that all ACH credit transfers are in the CCD+ addenda format and contain all information required by the Department and the licensee’s financial institution to process the transfer. D. A licensee using the ACH debit method shall electronically communicate the following payment information to the state servicing bank: 1. ADOT account number, 2. Payment amount, and 3. Any other information required by the Director.