AAP Practice Questions - Nacha Accredited ACH Professional Exam

A Third-Party Sender differs from a Third-Party Service Provider primarily because the Third-Party Sender:

Performs only data processing for the ODFI Has the agreement with the ODFI on behalf of the Originator Acts as the ACH Operator for small banks Is always the RDFI's processor

Correct Answer:

Has the agreement with the ODFI on behalf of the Originator

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