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 differentiate between ACH network participants
- You will be able to differentiate between the process with ACH transactions.
- You will be able to differentiate among initiating, processing, and reconciling transactions
- You will be able to identify ACH agreements and authorizations
Add to Wishlist
Credit
More Program Information
Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Agenda
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
Add to Wishlist
Credit
More Program Information
Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Credits
OnDemand Course
This course was last reviewed on November 15, 2023.
Call 1-866-352-9540 for further credit information.
CPE/NASBA - QAS Self Study 2.6 including Specialized Knowledge 2.6
- Noggin Guru, Inc. dba Lorman Education Services and BankersHub is registered with the National Association of State Boards of Accountancy (NASBA) as a QAS Self Study sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: www.nasbaregistry.org. For more information regarding administrative policies such as complaint and refund, please contact our offices at 866-352-9539. CPE Credit: Maximum Credit Hours: 2.6 each session (based on a 50 minute credit hour). You must attend at least 50 minutes to obtain credit. Field of Study: Specialized Knowledge for 2.6 hours. Prerequisite: . Level of Knowledge: Intermediate. Teaching Method: Seminar/Lecture. Advance Preparation: None. Delivery Method: QAS Self Study. Please refer to the information in this advertisement for outline, course content and objectives. Upon completion of this course, you will receive a certificate of attendance. Final approval of a course for CPE credit belongs with each state's regulatory board.
Add to Wishlist
Credit
More Program Information
Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Faculty
Jennifer A. Miller, AAP, APRP, PMC
UMACHA
- Senior Director of services at UMACHA
- Over 30 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, senior director of both education and compliance services specializing in managing the payments audit and risk assessment processes, as well as shepherding members through complex payments education with a balance of compliance and trending new education topics such as real-time and instant payments
- Experienced cash management sales professional and nonprofit company treasurer
Add to Wishlist
Credit
More Program Information
Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
All of your training, right here at Lorman.
Pay once and get a full year of unlimited training in any format, any time!
- OnDemand Courses
- Live Webinars
- MP3 Downloads
- Course Manuals
- Executive Reports
- White Papers and Articles
Additional benefits include:
- State Specific Credit Tracker
- All-Access Pass Course Concierge
Questions? Call 877-296-2169 to speak with a real person.
Access to all training products for one year
$699/year
Unlimited Lorman Training
With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!
Easy Registrations
Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.
Invest in Yourself
You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.
