Get 2015 Form N-7 And Instructions - Nacha - Nacha

This guide provides clear and detailed instructions on how to fill out the 2015 Form N-7 and its accompanying instructions, required for participating depository financial institutions. Follow these steps to ensure that you accurately report and submit the necessary information and fees online.

Follow the steps to accurately complete the form online.

1. Press the ‘Get Form’ button to acquire the form and open it using your preferred editing tool.
2. Begin by entering the legal name of the participating depository financial institution (DFI) in Line 1.
3. In Line 2, provide the mailing address of the participating DFI, ensuring accuracy for correspondence.
4. For Line 3a, detail the number of ACH entries transmitted and received by your institution that were exchanged with a non-affiliated DFI directly or through another entity. Organize these entries by routing number and list debits, credits, and non-value entries.
5. Total the entries listed in Line 3a and record the grand total in Line 3b.
6. Indicate the per entry fee for 2015 in Line 4, which is set at $0.000162.
7. In Line 5, calculate the uncollected fees by multiplying the amount from Line 3b by the fee in Line 4. For example, if Line 3b is 100,000, multiply this by $0.000162 to find the total.
8. In Line 6, indicate the amount due, corresponding to Line 5. Specify your payment method: if paying by check, ensure the check is made out to NACHA; if by ACH credit, note the date this will be initiated.
9. Complete the signature section, entering your signature, printed name, title, email address, and phone number.
10. Once the form is fully completed, save your changes and download the form. You can then print it for mailing or share it as necessary.

Start filling out your forms online to meet compliance and reporting requirements efficiently.