This message is sent to you by AccountingNewswatch

Initiating and Reconciling ACH Transactions

Date: Monday, February 11, 2019
Time: 1:00 - 2:40 pm EST

Sponsored by Lorman Education Services


Registration - Live Webinar Only: $219.00

Registration - Live Webinar Plus CD Recording: $288.00
 

Gain a better understanding of what you should know about before, during and after you originate ACH transactions.

Do you know who the important network participants are when agreeing to originate ACH transactions? Did you know there are warranties, liabilities and indemnities you should be aware of that are spelled out in the NACHA rules for you to follow? Wade through the difference between and ACH agreement and ACH authorizations.

Address what risks exist in origination of ACH transactions, and how to mitigate those risks. Walk you through what an FI needs to know and do before they allow you to originate ACH transactions. Along with the ongoing initiation, processing and reconciling ACH electronic payments.

Learning Objectives:

  • You will be able to review the general rights and responsibilities for originating ACH.
  • You will be able to discuss ACH agreements and authorizations.
  • You will be able to identify risk management and exposure limits.
  • You will be able to explain how to initiate, process and reconcile transactions.
This Live Webinar Covers These Hot Issues:
  • ACH Network Participants
  • General Rights and Responsibilities for Originating ACH
  • ACH Agreements and Authorizations
  • Risk Management and Exposure Limits
  • Onboarding and Know Your Customer (KYC)
  • Initiating, Processing, and Reconciling Transactions

Credit Information (Sponsored by Lorman Education Services):

  • CLE
  • CPE
  • AIPB
  • NASBA
  • Enrolled Agents

For Detailed Credit Information page click here

Only registered attendee will receive continuing education credit.

Faculty

Jennifer A. Miller, AAP, APRP, PMC, UMACHA

  • Director of education at UMACHA
  • Over 25 total years in banking
  • 19 years in cash management software product management, design and consulting; including online banking, mobile banking and tablet banking
  • 7 years in operations at a Midwest Financial Institution
  • Currently, director of training with UMACHA specializing in working with financial institutions and corporates on education and training of electronic payments
  • Experienced cash management sales professional and nonprofit company treasurer

(Not available outside the US)