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Rating Bureau Reminds to Pay Assessments Using ACH

Tuesday, April 21, 2020 | 0

The New Jersey Compensation Rating and Inspection Bureau on Monday reminded members of the coming need to pay assessment invoices electronically using an automated clearinghouse. “Effective Oct. 1, 2020, all member assessment invoices must be paid by automated clearing house (ACH),” the bureau said in Circular Letter No. 1983. “Paper checks will no longer be accepted.” The NJCRIB said the change furthers its mission to become a paperless office while also providing more security for payments. The bureau said it mailed ACH instructions to members in March but will sen...

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