Notes: All written debit authorizations must provide that the Receiver may revoke the authorization only by notifying the Originator in the manner specified in the authorization.
Single-entry reversals do not require authorization by the Receiver. Therefore, previously recommended language regarding the initiation of possible debit entries is no longer stated in the authorization.
The underlined language above represents the disclosure requirements associated with the clarification of OFAC economic sanction policies upon ACH Network Participants.