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Credits

Sponsored by Lorman Education
Product ID: 409702EAU
 
Credit & Course Provided by:

Initiating and Reconciling ACH Transactions

OnDemand Webinar (63 minutes)

Gain a better understanding of what you should know about before, during, and after you originate ACH transactions.Do you know who the important network participants are when agreeing to originate ACH transactions? Did you know there are warranties, liabilities, and indemnities you should be aware of that are spelled out in the NACHA rules for you to follow? Wade through the difference between an ACH agreement and ACH authorizations. Address what risks exist in the origination of ACH transactions; and how to mitigate those risks. Understand what an FI needs to know and do before you're allowed to originate ACH transactions. Along with the ongoing initiation, processing, and reconciling of ACH electronic payments.

Authors

Jennifer A. Miller AAP, APRP, PMC, UMACHA

Agenda

ACH Network Participants

General Rights and Responsibilities for Originating ACH

ACH Agreements and Authorizations

Risk Management and Exposure Limits

Onboarding and Know Your Customer (KYC)

Initiating, Processing, and Reconciling Transactions