ACH Basics and Participants is essential knowledge about how the Automated Clearing House network operates and the key roles involved. Understanding this section will help you grasp the flow of electronic payments, the responsibilities of each participant, and the benefits of using ACH—such as efficiency, cost savings, and security. Mastery of these fundamentals is crucial for anyone working with ACH transactions, ensuring compliance and smooth payment processing.

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This is part one of a ten-part series (10 webinars) that includes the different segments of the AAP Test. 

Stout instructors will take attendees through a deep-dive, easy-to-understand program to assist you and your teams in preparing for the AAP Exam. This session has been designed to prepare for the future AAP or as a refresher course for existing AAPs.

Topics covered in this session

• ACH Network Defined
• Typed of ACH Entries
• ACH File Structure
• Originator
• Originating Depository Financial Institution
• ACH Operator
• Receiving Depository Financial Institution
• Receiver

• Third-Party Service Providers & Third-Party Senders

• Nacha (AAP/APRP)

This course is included with BankersHub Membership.

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