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Faster Payments in ACH = Changes in Procedures
October 17, 2017 @ 12:00 pm - 1:00 pm EDT$249
Faster Payments mean things are changing and as a result, we need to change our procedures. This same day ach webinar will help identify what elements of our ACH operations and processes are changing. As an ODFI, if you do in-house Origination – have you examined your authorization language to ensure it reflects Same Day debits and the impact on Consumer accounts?
Funds Availability for Same Day ACH credits is changing effective March 2018 – As the RDFI, have you updated your procedures to reflect this change and remain in compliance with the NACHA Operating Rules?
Returns being done in the Same Day environment can receive “faster settlement” – is this something the RDFI is considering – this same day ach training will offer suggestions on how this “could” change your procedures.
This Same Day ACH training will:
- Outline the Funds Availability processes change – effective March 2018
- Describe the elements to verify any authorization language being used – to coincide with Faster Payments (debit Entries)
- Define how the Same Day ACH environment can change the Return process for the RDFI – with faster settlement
- List suggestions to procedures that include new windows for faster settlement with Returns
- VALUE-ADD – Suggested Procedure changes – including authorization language for in-house Origination
$249 for Webinar and Playback*
Dates of Event
Tuesday, October 17, 2017
Donna Olheiser AAP