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ACH 101 for Originators

  • Training

  • 90 Minutes
  • Compliance Online
  • ID: 4899693
While breaking down the ACH Rules book, this webinar training will explore originator (i.e. business) obligations, help identify participants and transactions, and analyze important processing rules. The course will also discuss the benefits of ACH and the process flow, including debit and credit transactions.

Why Should You Attend:

This course provides attendees with an introduction to the ACH Network including processes, participants, navigating the ACH Rules book, and more. This course is intended for businesses who currently process ACH Direct Deposit and/or ACH Direct Debit transactions yet need more education on the network, and those who are looking into this payment network as a payment solution.

Note: Participants need a 2018 ACH Rules book for this course. The speaker will be using the Corporate Edition of the ACH Operating Rules and Guidelines for this course.

Learning Objectives:

  • Discover the breakdown and organization of the ACH Rules Book
  • Locate Originator (i.e. business) obligations
  • Identify participants and transactions
  • Analyze important processing Rules
  • Record new Rules changes that impact Originators

Areas Covered in the Webinar:

  • Introduction to the ACH Rules Book
  • How to navigate the Rules
  • Benefits of ACH
  • Process flows
  • ACH participants
  • Liability for transactions
  • Authorizations
  • Review of important processing Rules
  • New Rules that affect Originators

Who Will Benefit:

  • Accounts payable
  • Accounts receivable
  • Management
  • Risk management
  • Legal council
  • Compliance
  • Audit

Speaker

Rayleen M Pirnie

Course Provider

  • Rayleen M Pirnie
  • Rayleen M Pirnie,