The Basics (Essentials) of ACH Transactions 2017

Topics

• List the five basic participants in each electronic ACH transaction
• Identify what is the ACH network and examples of ACH electronic payments
• Define the basic legal framework of the ACH network
• Outline the roles each participant plays in the processing of ACH electronic payments
• Describe the settlement process and the difference between a debit and a credit ACH transaction
• Illustrate the most common types of payments that flow through the ACH network

Who should Attend

• Banking Operations Managers and Staff
• Financial Institution Professionals (New/Current Operations Staff)
• Treasury Management Professionals
• Compliance and Risk Professionals
• Loan Officers
• Aspiring AAPs (Accredited ACH Professionals)
• Payroll Processors (New and Current Staff)
• Credit Risk Managers
• Banking Managers/Supervisors
• Company/Business Owners (Originators)
• Audit and Compliance Personnel/Risk Managers
• Third-party Service Providers and Third-party Senders