How To Process ACH Unauthorized Debits And Stop Payment Returns

Unauthorized Debits and Stop Payments - Learn the current rules and processing requirements Recent ACH rule changes attempt to stop fraud by updating requirements for statements of unauthorized debits. Consumer receivers in ACH may have debit items returned to the originator if they were not properly authorized or if the consumer has revoked their authorization. You need to understand the current requirements for those returns, the Written Statement of Unauthorized Debit (WSUD), and consumer stop payments.

ACH expert Kim Ellis will explain the details of WSUD and stop payment processes and documentation. You will learn how to handle these transactions in your institution.