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AAP Summer Series #08: ACH Scales of Justice: How the Rules Settle Disputes Between Parties
$450.00 USD

Recording Date(s): August 15, 2023

Cost in Education Club tokens: 3 tokens

Speaker(s): UMACHA’s Education Team

Length: 90 minutes

Description:  As much as we wish everything operated smoothly within the ACH Network, there are times when things go wrong. During this session, we discuss three concepts that are essential for aspiring AAPs and payments professionals alike to understand: Compensation, Arbitration, and Nacha’s System of Fines (i.e. Rules Enforcement). Have you ever found yourself in a situation where you have been sending Notifications of Change to an ODFI and the changes are not getting made? Perhaps you are an RDFI who is dealing with an ACH dispute that has Entries beyond the 60-day extended return time frame and you’re not sure how to recover the funds? This session will discuss how Compensation, Arbitration, and Nacha’s System of Fines can help resolve these issues. 

Continuing Education Credits: 
1.8 AAP/APRP CECs

Additional Information:
  • ​Upon completion of the purchase, the purchaser will be immediately prompted to download a PDF or zip file.  Each PDF will contain a link to view the purchased webinar(s).  Access to the recorded webinar(s) is limited to 60 days following the purchase.
  • UMACHA is required to collect Sales & 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.





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Tags: Accreditation - AAP, ACH