Event Registration - Upper Midwest ACH Association
When online registration has closed, please email info@umacha.org to register.
10:00 AM - 11:30 AM CST
From A to Z: Basics of an ODFI
2/22/202410:00 AM - 11:30 AM CST
Event Description
Join us as we delve into the fundamental responsibilities of an Originating Depository Financial Institution (ODFI). This session explores concepts that are relevant to all ODFIs, including warranties made when originating Entries into the ACH Network, Reversal and Notification of Change obligations, the ACH return flow, and direct reporting requirements with Nacha. This session also introduces the concept of Third-Parties, including both Third-Party Senders and Nested Third-Party Senders.