Today, the vast majority of Federal payments are made via the ACH. With very few exceptions, Federal government ACH transactions continue to be subject to the same rules as private industry ACH payments. However, there are exceptions and issues unique to Federal government operations and those rules are published, by the Treasury in the Green Book.
Keywords: Go Direct, Social Security Direct Deposit, Social Security Reclamations
Staff Contact: Cary Whaley
|Go Direct Resource Center||Federal Reserve Banks, US Department of Treasury|