<story><title>What Happens When You ACH a Dead Person?</title><url>https://www.moderntreasury.com/journal/what-happens-when-you-ach-a-dead-person</url></story><parent_chain></parent_chain><comment><author>itcrowd</author><text>This reminds me of a question I&amp;#x27;ve had for the longest time (+): why is it that in the US wiring money between accounts is so expensive or difficult? Whole ecosystems of companies have sprung up (PayPal and Stripe come to mind, and apps such as TransferWise) to reduce the friction when the banks could easily set up a way cheaper system that would actually be better (privacy etc.) for the consumer. The EU seems to be much better at this .. ?&lt;p&gt;(+) Partial answer found here, but not satisfying &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;money.stackexchange.com&amp;#x2F;questions&amp;#x2F;27474&amp;#x2F;why-are-wire-transfers-and-other-financial-services-in-canada-so-much-more-expen&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;money.stackexchange.com&amp;#x2F;questions&amp;#x2F;27474&amp;#x2F;why-are-wire...&lt;/a&gt;</text></comment>
<story><title>What Happens When You ACH a Dead Person?</title><url>https://www.moderntreasury.com/journal/what-happens-when-you-ach-a-dead-person</url></story><parent_chain></parent_chain><comment><author>teilo</author><text>Ah, NACHA, oh how I hate thee.&lt;p&gt;If only NACHA files &lt;i&gt;were&lt;/i&gt; JSON as shown in the example in the article.&lt;p&gt;I wrote a NACHA processor in MS Access many years ago for a client in the insurance industry. That thing is &lt;i&gt;still&lt;/i&gt; being used. God, I wish it would die. Although, I&amp;#x27;m not sure which is worse: Parsing and generating the NACHA record format, or trying to parse and generate JSON in VBA.&lt;p&gt;Why MS Access? Their entire claims processing system (which I did not write) ran on it. I only &lt;i&gt;just&lt;/i&gt; got that damn thing migrated to an MSSQL backend. The pain.</text></comment>