Billing Reserve Statement in Authorize.net
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Billing Reserve Statement in Authorize.net
- 1 Minute to read
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Narmi Account Opening (AO) ACH Service
The information in this article is only relevant if your financial institution utilizes Authorize.net for ACH Account Opening funding. Narmi AO ACH Service was introduced in release 2024.4 for our Consumer Account Opening and Business Account Opening products. Please contact your Narmi Relationship Manager for more information regarding Narmi AO ACH Service.
The billing reserve statement only applies if the financial institution opts for net billing. The billing reserve statement will be blank if the financial institution opts for gross billing. The billing statement summarizes all reserves collected during the billing period.
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