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ACH Rules And Codes: Unauthorized Returns And Stop Payment Returns Explained

ACH Rules And Codes: Unauthorized Returns And Stop Payment Returns Explained
FormatSelf-Paced | On-Demand
Sessions1
Per session60 Minutes
CertificateIncluded

Learn the Rules and Codes for ACH Returns. Prepare to Handle the Intricacies of Various Situations.

Receiving Depository Financial Institutions return ACH entries for many reasons. You must understand the specifics of each situation, including administrative returns, unauthorized returns, and post-death returns. Each return reason code indicates specific timeframes and documentation required.

ACH expert Kimberly Ellis will decipher the ACH return codes and explain the intricacies of each situation. You will learn how to apply this information to transactions in your institution.

 

What We'll Cover

Course Outline

  • How do administrative returns and unauthorized returns differ?
  • What timeframes are allowed for the various types of returns?
  • When is a Written Statement of Unauthorized Debit required?
  • What are the implications of post-death returns?

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 operations staff
  • Operations managers
  • Operations training staff
  • Backup operations staff

Training Includes

The ACH Rules And Codes: Unauthorized Returns And Stop Payment Returns Explained 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