Narmi AO ACH Service
If your institution uses Narmi AO ACH Service for ACH funding, ACH limits will be managed directly with Narmi; Authorize.net will have no involvement. Please reach out to your Narmi Relationship Manager for more information.
Your institution can change funding limits and hold times if desired.
Managing Funding Limits
There are two steps to managing funding limits:
Set limits via Institution Settings in Narmi Command (Front-end) – These settings are managed by your financial institution (FI). The limits are visible to the applicant during the Narmi Grow flow.
Update the following settings in Narmi Command under Configurations > Institution settings:
Max Funding Amount via ACH– The maximum amount an applicant can deposit via ACH for consumer account opening.BAO Max Funding Amount via ACH– The maximum amount an applicant can deposit via ACH for business account opening.
Set limits in Authorize.Net (Back-end) – These limits are managed by your FI or Narmi via email request to Authorize.Net. They include a combination of daily and monthly funding limit amounts. Limits can be viewed in the Authorize.Net portal, but changes must be requested through an Authorize.Net representative. Your Narmi Implementation Project Manager or Relationship Manager will provide additional instruction and contact information.
Update limits in BOTH places
Ensure that limits are updated in Narmi Command AND Authorize.Net; otherwise, whichever limit is lower will be in effect.
For additional information, visit the Funding Limits section.
Managing Holds
Use the following settings to manage holds. These settings are managed by your FI. Update the following settings in Narmi Command under Configurations > Institution settings:
Hold Length for Funding via ACH– The number of business days that a hold is applied when an applicant uses a bank account for initial funding in Narmi Grow. The default is 5 days.Hold Length For Funding via ACH From Same Institution– The number of business days that a hold is applied when an applicant uses a bank account at your institution for initial funding in Narmi Grow. Defaults to the hold days specified in the above setting (Hold Length For Funding via ACH).