IAT and TINS IAT Indicator Tutorial
This tutorial:
- Provides state agencies with an overview of IATs, which stands for International ACH Transactions.
- Familiarizes users with the IAT Indicator field in the Texas Identification Number System (TINS).
- Explains how the IAT Indicator is used.
This information is helpful to state agency staff who is responsible for:
- Setting up or changing direct deposit information in TINS.
- Processing payments.
Overview
What Is IAT and Why Is It Important?
IATs are direct deposit payments destined to a financial institution outside of the United States via the Automated Clearing House (ACH) system.
Because of federal requirements mandated by the Office of Foreign Assets Control (OFAC), the National Automated Clearing House Association (NACHA) established specific rules on the identification and processing of IAT payments.
To comply with these federal requirements, all IAT transactions are identified by specific data elements. However, the Comptroller’s office is currently not set up to participate in IATs.