Visit www.nacha.org/XML-ACH-Remittance for more information and to download the XML-ACH Opt-in Rules and Specs and the Participant Agreement Extensible Markup Language (XML) is a data format that can now be used as a new option for transmitting ACH B2B remittance information. Key Features: n Uses ISO 20022 payment remittance advice messages n Opt-in usage for financial institutions, service providers and corporates n Identical process flow compared to Electronic Data Interchange (EDI) XML in the ACH? Opportunities: n Facilitate modern formats for B2B transactions n Enable electronic remittance exchanges with small and midsize companies n Create an option to choose either traditional ACH EDI remittance format or new XML remittance format n Develop additional revenue streams for payments remittance services n Leverage greater usage of XML in financial services n Provide straight-through processing of payment-related information