As a financial institution (FI), the amount of responsibility and regulatory compliance you face can be overwhelming! This session will focus on the ACH Network and how your FI should handle general Returns vs. Extended Returns. Does your frontline and operations departments know what documentation is needed for stop payments vs. an Extended Return? Do they understand how to handle Returns specific to each Standard Entry Class code and what impact they have on Consumer or Non-Consumer accounts? This session will cover all of this & more to ensure you are best able to serve your accountholders!
Who Should Attend?
Qualifies for up to 1.8 AAP and APRP Continuing Education Credits Per Webinar
UMACHA is required to collect Sales and Use tax in addition to Municipal tax (city tax) on the services that are provided in the state of South Dakota, and recorded webinars in the state of Minnesota.