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Date: 2013-04-12 13:11:57 Economics Automated Clearing House Originating Depository Financial Institution Receiving Depository Financial Institution Clearing NACHA – The Electronic Payments Association Cheque Bank Electronic funds transfer Payment systems Business Finance		Add to Reading List Source URL: www.boj.org.jm Download Document from Source Website File Size: 388,13 KB Share Document on Facebook

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	What Benefits Does BOC Have for Merchants? The National Automated Clearinghouse Association (NACHA) estimates that the banking industry could save $320 million during the first five years of BOC adoption due to its proce DocID: 195l4 - View Document