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On-Demand

ACH Returns: 2 Days vs. 60 Days

ACH Returns: 2 Days vs. 60 Days
FormatSelf-Paced | On-Demand
Sessions1
Per session90 Minutes
CertificateIncluded

How Do ACH General Returns and Extended Returns Differ? Learn How to Work With Third-Party Service Providers Safely.

Financial institutions face increased regulatory compliance risk as ACH transactions grow. Appropriate handling of general returns vs. extended returns is particularly confusing and subject to scrutiny.

All frontline and operations staff must know what documentation is needed for stop payments and extended returns. You need to handle returns specific to each Standard Entry Class code and must understand the impact on consumer and non-consumer accounts.

ACH expert Kim Ellis will explain how to categorize returns. You will learn the process and documentation required for each type.

What We'll Cover

Course Outline

  • Overview of ACH participants, rights, and responsibilities of an RDFI
  • General ACH returns
  • Authorization requirements
  • Recredit obligations, WSUDs, and extended returns
  • Resolution outside of the extended return timeframe

Meet the Expert

Kim Ellis

Kim Ellis

Kim Ellis is the Director of Education Services for UMACHA. Kim has been an AAP since 2014 and earned her APRP this summer. Kim has 18 years of experience working in the community bank market, with a focus on ACH operations, risk management, and deposit compliance.

Who Should Attend?

  • ACH administrators
  • Operations officers and managers
  • Operations staff
  • Back-office personnel
  • Compliance officers
  • Internal and external auditors
  • Risk managers
  • BSA/AML professionals
  • ACH auditors
  • Compliance staff
  • Branch managers
  • Assistant branch managers
  • Bankers
  • Tellers
  • CTOs
  • CISOs
  • Information technology managers
  • Network administrators
  • Security officers

Training Includes

The ACH Returns: 2 Days vs. 60 Days course includes the following:

Two Year Course Access

Access your course through your customer dashboard

  • Course access for 2 full years
  • All live sessions include access to the on-demand recording post live session

Class Experience

Live sessions are small and focused to support questions and discussion. Self-paced on-demand courses allow you to move through the material on your own schedule.

Resources

Downloadable course materials to support learning

Attendance Certificate

All sessions include an Attendance Certificate

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$200.00