The ACH Network - Electronic Payments in Detail, ACH 101, ACH 201, and ACH 301 covers topics such as:
- Same Day ACH functionality - PLUS settlement and funds availability in the ACH network
- Discover the basics of the ACH Network with an overview of ACH, history, legal framework, how it works, participants roles and responsibilities
- Identify details on exception processes within ACH (Prenotes, Stop Payments and NOCs)
- Common terminology and products/applications (SEC Codes) Standard Entry Class Codes
- Illustrate entire ACH return process, from the initial return, to dishonored return and on to the contested dishonored return (including timeframes and warranties)
- Define the ACH Return process from general returns to extended returns (unauthorized)
- Outline the process for Reinitiation of Entries and Reversals
- Recognize Reg E error resolution vs. ACH and the consumer/FI responsibilities
- Recap of the most recent Nacha Operating Rules changes
- Overview of Federal Government ACH payments and the Reclamation process
The ACH Network - Electronic Payments in Detail, ACH 101, ACH 201, and ACH 301 intended for:
- Banking Operations managers and staff
- Financial Institution professionals (new/current operations staff)
- Treasury Management professionals
- Compliance and Risk professionals
- Banking Managers/ Supervisors
- Aspiring and current AAP’s (Accredited ACH Professionals)
- Payroll Processors
- Audit and Compliance Personnel / Risk Managers.
- Third-Party Service Providers and Third-Party Senders
- Company / Business Owners (Originators)
- Any payments professional working in the ACH Network will benefit from this course; these individuals could include operations, compliance, AR/AP, payroll, risk management, audit, legal counsel, management, risk officers, and AAP’s.
- Auditors with financial institutions
The ACH Network - Electronic Payments in Detail, ACH 101, ACH 201, and ACH 301 will be held on 09-10 Oct 2024.
