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Change Company ID field to accept alphanumeric values instead of numeric #41

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martinsd94 opened this issue Oct 22, 2024 · 1 comment
Open

Change Company ID field to accept alphanumeric values instead of numeric #41

martinsd94 opened this issue Oct 22, 2024 · 1 comment

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@martinsd94
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The NACHA Company Identification field has transitioned from being strictly numeric (e.g., EIN prefixed with "1") to allowing alphanumeric characters. This evolution provides greater flexibility for originators to use proprietary identifiers assigned by financial institutions. The shift, common since the early 2000s, reflects the broader adoption of ACH payments across various industries:

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@martinsd94 martinsd94 mentioned this issue Oct 22, 2024
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@martinsd94
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Hi @glenselle, can you check this PR?
#42

thanks!

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