A2Zs of ACH - Transaction Flows, Authorization Requirements, Pre-Notifications: Webinar Series - Webinar

This two-part webinar series is designed specifically for businesses who either currently process ACH credits and/or debits, or those exploring the Network for use in the future. Each session builds off the last providing businesses with ACH essentials.

Part - 1:

• A2Z of ACH - Authorizations, Revocations, and NOCs - Part 2

Areas Covered in the Webinar:

Authorizations

• Define a valid, proper authorization
• Unique requirements for different Standard Entry Class Codes
• Sound business practices to manage the authorization process
• Protecting consumer information
• Responding to a request for an authorization
• When you may need a new authorization

Notifications of Change

• What they are
• How to handle when you receive one
• When action is required

Revocations

• When consumers revoke their authorization
• Sound business practices for handling revocations
• What the ACH Rules require
• Other considerations
• Part - 2:
• A2Z of ACH - Pre-Notifications, Returns and Reversals - Part 3

Areas Covered in the Webinar:

Pre-notifications

• What is a pre-notification and why are they used
• Timing of pre-notifications
• What a pre-notification can tell a business
• The dos and don’ts of pre-notes

Returns

• Identify types of returns a business can receive
• What each return type means
• Isolate when/if remedy is available through the ACH network or if you must collect outside of the network
• Types of returns that require a new authorization before you can attempt to collect through the ACH network
• Limits and timeframes
• 2016 New ACH Rules regarding returns

Reversals

• When you can initiate a reversal
• Reversal requirements
• The reversal process
• Risks
• When reversals fail

Who Will Benefit:

• Financial Institution Executives and Professionals
• Banking Operations Managers and Staff
• Treasury Management
• AAPs (Accredited ACH Professionals)
• Payroll Processors
• Company/Business Owners (Originators)
• Banking Managers/Supervisors
• Third-Party Service Providers and Third-Party Senders
• Audit and Compliance Personnel/Risk Managers
• Professionals from Financial Institutions
• Treasury Management
• Any business that currently uses ACH and wants to expand their knowledge
• Businesses who plan to expand their use of ACH and want to explore transaction options
• Businesses exploring ACH for the first time