Winter Storm Warning, Hurricane Advisory, and Tornado Watch - we see it all in ePayResources' territory! When disaster strikes, it's almost guaranteed there will be Excused Delay inquiries.
While the ACH Rules do include a provision for Excused Delay that section of the ACH Rules is not intended to take the place of a robust, well-tested business continuity/disaster recovery plan.
Participate in this webinar and learn how the provisions of Excused Delay are intended to be utilized, what to do with the return process, whom to contact, and what should be part of your disaster recovery plan.
Learning Objectives:
- NACHA rules and guidelines regarding excused delay
- Excused Delay and Same Day ACH
- FDIC Lessons: Preparing for a Catastrophic Event
- What do the Regional Payments Associations Do
- Sound Business Practices
- Resources
Why Should You Attend:
To understand the provisions of excused delay, how to prepare for a disaster, and what to do when disaster strikes.
Areas Covered
- NACHA Reminder
- Rules Section 1.5
- Guidelines regarding Excused Delay
- Basics for the FI
- Burden of Proof
- Sample notification from RPA
- Sound business practices
Instructor
Chelsye Palomo is a Payments Education Specialist for ePayResources, where she is responsible for designing, developing, and delivering payments education curriculum and resources, including webinars, workshops, and publications. Her role also includes responding to member calls on the ePayResources Payments Answerline™.
Chelsye's passion is to help mitigate risk and create efficiencies in the payments industry through continual education. She believes knowledge is power and payments education should be easily accessible to all.
Prior to joining ePayResources in 2018, Chelsye was the head of Operations and Payments for Texas Security Bank, where her payments experience included working as a Teller, Customer Service Representative, and Specialist in Deposit Operations.
Chelsye became an Accredited ACH Professional (AAP) in 2017 and an Accredited Payments Risk Professional (APRP) in 2018. She is also pursuing her Bachelor of Business Administration degree at West Texas A&M University.