This email with the subject "Rejected ACH transfer" was received in one of Scamdex's honeypot email accounts on Mon, 14 Nov 2011 00:24:28 -0800 and has been classified as a Generic Scam.
The sender was "The Electronic Payments Association" firstname.lastname@example.org, although it may have been spoofed.
The ACH transaction (ID: 7904387533024), recently initiated from your checking account (by you or any other person), was canceled by the other financial institution.
To help guide advocacy and related communication activities, NACHA established a Communications and Marketing Advisory Group (CMAG) in early 2010. CMAG brings together practitioners representing ACH Network participants to engage in work efforts to benefit the Network and those who utilize it.
More than 18.2 billion ACH payments were made in 2008, an increase of 1.2 billion over 2007. ACH payment volume continues to double every five years. The 2007 Federal Reserve Payments Study revealed ACH payments had the largest compound annual growth rate, 18.6 percent, of all U.S. non-cash payments.
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2011 NACHA - The Electronic Payments Association