Same Day ACH has been one of the largest changes to the ACH network and Phase 3 is the last part being implemented in March of 2018. How does Phase 3 affect a financial institution or even an Originating company when processing ACH payments in a faster settlement environment. In the fall of 2018, Third-Parties Senders were required to comply with a registration process and that period to complete the registration requirement will end in March of 2018. Attend this 2018 NACHA Operating rule webinar for these changes and what they mean to the participants in the ACH network who are responsible for compliance with these Rules!
2018 NACHA Operating Rules need to be followed by all financial institutions who process ACH transactions. This 2018 NACHA Changes webinar will provide all the details necessary to help them stay in compliance with all the changes coming in 2018! Topics such as the NEWLY adopted 2018 Third-Party Sender Registration Rule – with details; an overview of the 2017 significant Changes and how they affect each participant. Included will be the details on the Return thresholds and the Rules Enforcement process surrounding them. The newly implemented rule change on the charges for unauthorized entries, (the ODFI pays the RDFI) and what are the return reason codes to monitor more closely.
In addition, a review of the proposed Rules changes by NACHA (Request for Comment) RFC for Same Day ACH in the future.
Why should you Attend?
To remain in compliance with the 2018 NACHA Rules, the topics covered will include:
Discussion on other regulatory changes, such as the major changes to Regulation CC (Availability of Funds and Collection of Checks) which was amended by the Federal Reserve Bank, Board of Governors on May 31, 2017 and will become effective on July 1, 2018.
This 2018 NACHA Changes session covers:
Who will benefit?
This webcast on 2018 NACHA Changes will be of a valuable assistance to the below audience.
National Automated Clearinghouse Association, NACHA, Automated Clearing House system, ACH, ACH Network, NACHA Rules Changes, ODFI, ACH payments, Unauthorized entry fee, ACH debit, ACH credits, Accredited electronic payments, NACHA Operating Rules and Guidelines, Electronic Payments, 2018 NACHA Rules, NACHA Changes, 2018 NACHA Changes
Donnas extensive knowledge, enthusiasm and passion for transferring payment processing knowledge using the adult learning theory is remarkable and has helped many payment professionals perform daily operational tasks including exception processing while remaining compliant with the NACHA Operating Rules. She uses scenarios and examples to bring the learning home, easy to comprehend and apply to real-life day-to-day ACH processing. Donna's ability to engage the learner through the entire training event
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