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    Billing Reserve Statement
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    Contents

    Billing Reserve Statement

    • 1 Minute to read
    • Print
    • PDF
    Article Summary

    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 (example below) only applies if the financial institution opts for net billing. If the financial institution opts for gross billing, the billing reserve statement will be blank. The billing statement is a summary of all reserves collected during the billing period.



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