Which regulation governs Federal payments made through the ACH Network?

The correct answer is Title 31 Code of Federal Regulation (CFR) Part 210, which specifically governs Federal payments made through the ACH Network. This regulation outlines the requirements and procedures for federal agencies to make electronic funds transfers, specifically using the Automated Clearing House (ACH) system. It ensures proper handling of federal payments to individuals, businesses, and state and local governments and includes guidelines for collection and deposit of these payments.

Part 210 addresses key aspects of federal payment systems, including the roles and responsibilities of different parties involved in the ACH process and the conditions under which federal payments must be made. This regulation plays a crucial role in facilitating smooth and efficient electronic transactions within the framework of the ACH Network.

Understanding the structure of federal regulations is essential since other parts listed do not pertain to federal payments made through the ACH. Each title and part serves a different purpose or stipulates different types of regulations that do not involve the specific mechanisms for federal payments, underscoring the importance of referencing the correct regulatory guidelines for various transaction types.