ACH Exception Processing - Part 2 "The Originator & ODFI Exception Processes & Responsibilities"


Donna K Olheiser, AAP,  is Keynote Speaker at Compliance key Inc and she is the vice president of Education Services and founder of Dynamic Mastership, LLC.;and holds the Accredited ACH Professional (AAP) designation (achieved in 2004). She is an enthusiastic and energetic Certified Master Trainer with over 14 year's training experience. She has designed and facilitated over 100 training sessions each year with her expertise being the rules for companies and financial institutions when processing electronic (specifically ACH) payments, then scheduling the events to facilitate and deliver the m........

Overview

Exception Processes isn't just "returns" and Stop Payments - each day in ACH operations, exception processes take place such as: Prenotes, Reinitiation, Reversals, Returns, Extended Returns and NOCs (Notification of Change). Each of the three sessions will cover a different set of processes based on flow of transaction and participant involved (see below for detail on each one). Be sure to attend all three (90-minute) sessions to get the full effect of how each participant in the network have different obligations, warranties and responsibilities for each one of these processes. The trainer during each session will outline what you need to know to help ensure you?re in compliance with the NACHA Operating Rules.

Why should you attend this webinar?

Session 2 The Originator & ODFI Exception Processes & Responsibilities - For the ODFI/Originator, Prenotes are optional - BUT, if they do them, what are the responsibilities, obligations and warranties? It is vital to know the banking day delay has been reduced which adds more responsibility to both the Originator and ODFI for Prenote Entries. How does Same Day affect Prenotes? Responsibilities when the ODFI receives a COR entry (NOC),timeframes and who is ultimately responsible for that change being made is covered. In this session, you will receive details on:

Areas Covered in the Session:

Who can Benefit:



Webinar Id: CIFDKO003

Training Options:

Duration: 90 mins

 Recorded: [Six month unlimited access]

 $237(Single Attendee)  $599(Unlimited Attendee)

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