The Low-down on ACH and Regulation E

This ACH and Reg. E webinar will discuss the areas where both the regulations do not always align or appear contradictory which cause an institution incompliance with one and out of compliance with the other and the recommendations for handling both to manage all obligations and avoid regulatory scrutiny.

Why Should You Attend:

Financial institutions often find themselves in a position of trying to determine appropriate actions when Regulation E and the ACH Rules don't align or appear contradictory. This could put an institution in compliance with one and out of compliance with the other. This session explores areas where the two don't always align and provides handling recommendations.

Interpretations of Federal Regulation E, known as the consumer protection regulation, change and those changes sometimes places stress on financial institutions who are trying to apply the regulation to daily ACH processing and returns. This webinar analyzes areas where the two don’t align and where one provides stronger protections and more obligations than the other so an institutions’ internal procedures are comprehensive enough to manage all obligations and avoid regulatory scrutiny.

Areas Covered in the Webinar:

• Review intent and focus of Regulation E & the ACH Rules
• Analyze situations where Regulation E and the ACH Rules do not align
• Determine appropriate responses and procedures to manage risk and loss
• Terminology
• Error Resolution
• Documentation
• Statements
• Stop Payments
• Unauthorized
• Revoked Authorization
• Consumer vs. Business SEC’s
• Recurring TEL
• Responsibility/liability

Who Will Benefit:

• Banks and Credit Union
• Operations
• Audit
• Compliance