Each participant in the ACH Network is required to be in compliance with the Nacha Operating Rules. There are several NEW amendments recently passed which will change the ACH Network processes – this is a NEED to know! In addition, an overview on Operations Bulletins (issued by Nacha) will be discussed (there are six of them for 2020).
This session will provide the details on the recently approved amendments on enhancing Same Day ACH (SDA), the Unauthorized Return process, the ACH Contact Registry and more!
Details on the newly approved amendments to the Nacha Operating Rules including all the elements for a change on Account Information Improvements Through the ACH Network, effective March 18, 2022.
PLUS, Limitation on Warranty Claims, the Reversal Process and Rules Enforcement changes surrounding reversals, and Meaningful Modernization to enhance the ACH Network to keep up with changes in the payments landscape.
The NACHA Operating Rules are always changing, and updates have recently been made due to the current COVID-19 situation! There are six ACH Operations Bulletins posted by Nacha in 2020; four of them explain the updates to the Rules due to changes at financial institutions and extensions of effective dates in light of the current situation; and confirming some Rules changes with current effective dates remaining.
Details necessary to help participants in the ACH Network remain compliant with these NEW amendments going into effect for 2021 and 2022, including Unauthorized Returns and the ACH Contact Registry that went into effect in 2020!
Plus, details on the most recent amendments with effective dates in 2021 and 2022; on “Meaningful Modernization”, “Reversals and Enforcement” and “Account Information Improvements Through the ACH Network” and Limitation on warranty claims.
Register today for your chance to see how these new Rules will impact your ACH Operations areas.
Why should you Attend?
Staying in the loop of the constant changes to the NACHA Operating Rules can be difficult and along with that comes the responsibility as a participant in the ACH Network to remain in compliance with these Rules AND any changes.
In this 90-minute webinar session, the trainer provide all the details on the most recent and upcoming NACHA Operating Rules changes that affect you as a participant in the ACH network, whether you are an ODFI, an RDFI or a TPS (Third-Party Sender) or TPSP (or Third Party Service Provider). Multiple Rules Changes, NACHA Operations Bulletins, Supplements to the Rules along with examples and explanations of what they each mean to you as a participant will be discussed.
You don’t want to miss this session! Register Today!
Who will benefit?
This webcast on 2020 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
Participants/Registrants for our live events, may cancel up to 72 hours prior to the start of the live session and ComplianceTrain will issue a letter of credit to be used towards any of ComplianceTrain's future events. The letter of credit will be valid for 12 months.
ComplianceTrain 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: admin@ComplianceTrain.com