Tollfree - +1-888-222-5917

ACH Origination Compliance - Originator and ODFI Roles & Responsibilities

Duration :

Course Description:

         According to the NACHA Operating Rules, the ODFI takes on all the warranties and responsibilities for each and every ACH Entry they transmit into the network, What does this mean? What about the Originator - What is their Role? Do they have responsibilities and obligations? Direct Deposit and Direct Payment via ACH are the two most common forms of ACH origination Entries; then there are your non-consumer or corporate payments, followed by your check conversion and other types of transaction such as WEB and TEL.

         Originators and ODFI's NEED agreements in place to identify the responsibilities of each party when ACH transactions are submitted into the ACH network. Exposure limits need to be set and processing schedules determined. Same Day ACH - Do you have any Originators who are interested in sending?

         This 90-minute information-filled session will include the elements of the ACH Originator-ODFI agreement, why they are needed and the purpose they serve. Included will be identifying Exposure Limits and ensuring that each Originator is in compliance with the NACHA Operating Rules when it comes to the elements within that agreement plus covering all authorization requirements.

         What are the Originator's obligations and the warranties that the ODFI will carry when they transmit ACH Entries into the network?

         How are Returns, Notifications of Change and Prenotes handled - are your procedures up to date? This session will identify how to remain in compliance with the NACHA Operating Rules during the transmission of ACH Entries.

A "must-attend" session!

Why should you Attend?

  • Identify authorization requirements
  • Outline Originator's obligations
  • List minimum elements in the Originator-ODFI agreement
  • Dist minimum elements in the Originator-ODFI agreement
  • Illustrate Same Day identifier if used for Same Day
  • Describe the Pre-note Process and what that means to each party
  • Identify the NOC (COR Entry) process

Areas Covered:

  • Minimum requirements in the Originator - ODFI agreement
  • Tips on setting exposure limits
  • Obligations of the Originator
  • Warranties of the ODFI
  • Prenote processing and the Originator/ODFI
  • NOC (COR Entry) processing – listing timeframes for each step

Who will benefit?

This webcast will be of a valuable assistance to the below audience.

  • Banking Operations managers and staff
  • Treasury Management professionals
  • Compliance and Risk professionals
  • ACH managers
  • aspiring AAP's (Accredited ACH Professional)
  • Company / Business Owners (Originators)
  • Banking Managers/ Supervisors
  • Audit and Compliance Personnel / Risk Managers
  • Financial Institutions (banks and credit unions)
  • ACH Operations Departments
  • Audit Departments (within financial institutions)

Registration Options

Avail 12 months unlimited access for a single user.

Material shipped within 15 days post webinar completion & get life time access for unlimited participants.


NACHA data, Same Day ACH Debits, Same-day Direct Deposits, NACHA, ACH Network, Bill Pay, ACH Cards, ACH Processing, ACH, RDFI, AAP's, emergency payrolls, Same-day payrolls, Expedited bill payments, Debit Returns, ACH Transactions, ACH Form, ACH Return Process, Unauthorized Entries

Speaker Details

Donna Olheiser

Donna Olheiser

VP of Education at Dynamic Mastership

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

Refund Policy

Participants/Registrants for our live events, may cancel up to 72 hours prior to the start of the live session and ComplyArena will issue a letter of credit to be used towards any of ComplyArena's future events. The letter of credit will be valid for 12 months.

ComplyArena will process refund in cases where the event has been cancelled and is not rescheduled within 90 days from the original scheduled date of the webinar. In case if a live webinar is cancelled, participants/registrants may choose between recorded version of the course or a refund. Refunds will not be processed to participants who do not show up for the webinar. A webinar may be cancelled due to unavoidable circumstances, participants will be notified 24 hours before the scheduled start of the event. Contact us via email: or call +1-888-222-5917 (Toll Free).