This message is sent to you by Bank Newswatch

ACH Exception Processing
August 26, 2020

10:00 AM Central Time : Sponsored by Bank Webinars

Click Here to register for live programs $265

Click Here to register and receive recording $395*

What is an ACH exception and how do you handle it when it occurs? Many exceptions are rare, and you may find yourself second guessing what you should do. Gain a better understanding of exception processing from returns to notifications of changes to DNE and more, plus return reporting requirements. The bulk of ACH risk is in origination, but if you as the Receiving Financial Institution do not process items that do post correctly, you tip that risk scale in your direction.

We'll discuss the timeline for handling the different exceptions. We will also address reinitiated entries rules and the return rate reporting that ODFI’s are required to do.

Covered Topics

  • Ways to identify exceptions as an RDFI and ODFI and determine the best course of action
  • Understanding the timeframes for exception processing
  • Best practices for limiting your liability
  • An understanding of the importance of using the correct return and NOC codes

Who Should Attend?

This course is designed for ACH personnel, operations personnel and compliance and risk personnel.

Faculty

Mary Kate Cole

Mary Kate Cole, AAP, CAE, principal of MK Cole Consulting, has nearly two decades of bank operations experience. Kate is an experienced ACH Auditor as well as speaker on payments related topics. She was VP of the Upper Midwest ACH Association for over 15 years. At that time, she was responsible for member education, ACH Audits and problem solving as well as ACH Development projects. Kate has been active in several National ACH Association Rules Work Groups over her career. She is a popular speaker at both local and national conferences on electronic payments related topics.

* Registration Plus Recording: Includes the live session (one connection, unlimited attendees), CD ROM, (shipped 7-10 business days after live session), unlimited access to OnDemand Playback and links to presenter materials and supplementary handouts for 6 months after live session.