UMACHA 50 years of guiding payments
Event Registration - Upper Midwest ACH Association
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From A to Z: Basics of an RDFI
2/28/2024
10:00 AM - 11:30 AM CST

Event Description

Join us as we delve into the fundamental responsibilities of a Receiving Depository Financial Institution (RDFI). RDFIs play a critical role in the ACH Network by ensuring funds are posted to the accounts of their Receivers in accordance with the timing requirements set forth in the Nacha Operating Rules. During this session, we will explore the essential rights and responsibilities of each RDFI, including obligations related to exception processing and ACH disputes.