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ACH Bootcamp: 101, 201, 301

February 20 @ 12:00 pm - 1:30 pm EDT

|Recurring Event (See all)

An event every day that begins at 12:00pm, repeating until February 22, 2018

$549

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Are you new to ACH, have some experience or you’ve been processing ACH transactions for many years, this 3-part bootcamp will cover details from the basics to the more complex issues when processing ACH transactions. Even if you’ve been processing ACH transactions forever, each part in this bootcamp will help you understand “the how” of the ACH network. There are operations staff who process ACH transactions each day but still don’t really know how the ACH network flows and details surrounding their day-to-day processes. Knowing the details makes it easier to resolve those issues that may be few and far-between, plus knowing “how” transactions move within the network helps identify possible solutions to specific issues as they arise.

In the entire 3-part ACH Webinar Bootcamp series, attendees will hear details on:

  • History and basics of the ACH network, the flow of transactions, the five basic participants, their general responsibilities and roles
  • Basic legal framework of the ACH network
  • Common terminology and products/applications used
  • Settlement vs. Funds Availability and how this pertains to Same Day ACH
  • Overview on special processes within ACH (Stop Payments, Returns, NOCs)
  • Timeframes for consumer to notify errors regarding EFT’s and financial institution’s responsibilities
  • Regulation E – the Error Resolution Process
  • Same Day ACH – Credits and Debits and how this is changing the ACH Network
  • Reinitiation of Entries and the Reversal Process
  • Recent 2017 NACHA Operating Rules Changes plus changes taking place in the near future

PART 1

ACH 101 – Basics, Legal Framework and Participants

Tuesday, February 20, 2018

  • 12:00 – 1:30 pm ET
  • 11:00 – 12:30 pm CT
  • 10:00 – 11:30 am MT
  • 9:00 – 10:30 am PT

This session identifies the history, flow, basic legal framework and participant’s roles and responsibilities in the ACH network.  Whether you’re new to ACH or possess a basic understanding of the network, this session will help identify the “how” of the way ACH Entries are processed and create a level-setting experience to continue on to Parts 201 and 301 in the bootcamp series.

  • Basic history, legal framework and flow of ACH transactions
  • Participants and their basic roles and responsibilities
  • Common Terminology and Products/Applications used in the ACH Network
  • Settlement and Funds Availability

PART 2

ACH 201 – Exception handling, Stops, Prenotes, NOCs, DNEs and More

Wednesday, February 21, 2018

  • 12:00 – 1:30 pm ET
  • 11:00 – 12:30 pm CT
  • 10:00 – 11:30 am MT
  • 9:00 – 10:30 am PT

Each day there are exceptions when processing ACH files, some common exceptions and how to handle them will be explained in this session.  Basic information on Stop Payments, Returns, Prenotes, Returns, NOCs (COR Entries), Federal Government ACH Processes relating to DNEs and Reclamations, including time-frames will be discussed.

Attendees in this important ACH webinar will walk away with information on the following:

  • Stop Payment details (consumer and corporate)
  • Returns (general and extended); includes timeframes
  • Prenotes – including the most recent rule change to the prenote process
  • Notification of Change details for the RDFI and ODFI
  • Same Day ACH – Debits and Credits – How this is affecting the ACH Network

PART 3

ACH 301 – Advanced Issues and Challenges      

Thursday, February 22, 2018

  • 12:00 – 1:30 pm ET
  • 11:00 – 12:30 pm CT
  • 10:00 – 11:30 am MT
  • 9:00 – 10:30 am PT

Advanced topics within this Advanced ACH Webinar will include basics of Reg E and the Error Resolution Process.  Included will be Reversing files and Entries, and the details on the how and when for the ODFI relative to Reinitiation of Entries.  Recent 2017 NACHA Operating Rules changes and any info on upcoming or approved Rules changes.

  • Regulation E Basics and the Error Resolution Process
  • Reintitation of Entries and the process surrounding this
  • Details and ‘real-life scenarios’ for the reversal process within the NACHA Operating Rules
  • Recent 2017 NACHA Operating Rule changes (already in place and any upcoming in 2018 or future approved Rule changes)

Pricing

$549 for all 3 sessions plus playbacks*
$249 for individual sessions plus playback*
Register for Session 1 ONLY
Register for Session 2 ONLY
Register for Session 3 ONLY

Credits

  • 5.4 AAP Credits
  • 4.5 CPE Credits

Your Speaker

Donna Olheiser AAP
Founder, VP Education – Dynamic Mastership

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