Accredited ACH Professional (AAP) Practice Exam 2025 - Free AAP Practice Questions and Study Guide

The correct answer is based on the rules governing the use of prenotifications in the ACH (Automated Clearing House) network. A prenote is a zero-dollar transaction sent by an Originator to a Receiver's financial institution to verify the accuracy of the account information prior to initiating actual payment transactions.

According to the NACHA Operating Rules, the Originator must wait 5 banking days following the Settlement Date of the prenote before sending a live entry. This waiting period allows sufficient time for the receiving financial institution to process the prenote and confirm the validity of the account details to avoid errors in future transactions.

This requirement facilitates smooth processing and mitigates potential issues that could arise from incorrect account information, ensuring both the Originator and Receiver are adequately informed before the initiation of live transactions.