Faster Payments in ACH = Changes in Procedures

Oct 17, 2017 12:00pm -
Oct 17, 2017 01:00pm
(GMT-5)

Event Description

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

REGISTRATION OPTIONS

If you are having issues with registering online, please contact CBAO's Education & Training Coordinator, Lianne Simeone, (614) 610-1877.


Event Type:Webinar &/or On-Demand Link/CD
Early registration ends on Sep 04, 2017.
Regular registration starts on Sep 05, 2017 and ends on Oct 20, 2017.
Late registration starts on Oct 21, 2017.
(GMT-05:00) Eastern Time (US & Canada)

 

Registration Fees
Fee TypeEarlyRegularLate
 Live Webinar
Member Fee: $265.00$265.00$290.00
Non-Member Fee: $400.00$400.00$425.00
 Additional Hookups
Member Fee: $175.00$175.00$175.00
Non-Member Fee: $260.00$260.00$260.00