Product Page - AAP Summer Series #04: Rules & Responsibilities of an RDFI
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$450.00 USD
Recording Date(s): July 18, 2023
Cost in Education Club tokens: 3 tokens
Speaker(s): UMACHA’s Education Team
Length: 90 minutes
Description: Receiving Depository Financial Institutions (“RDFIs”) play an important role in ensuring the ACH Network continues to operate effectively. From explaining funds availability requirements for ACH credits and debits to understanding an RDFI’s obligation when it receives prenotifications, commercial reclamations, and stop payment requests, this session takes a deep dive into understanding an RDFI’s processing requirements. This session also includes discussion about exception processing and the ACH dispute and error resolution process, including an RDFI’s recredit obligations, extended return processing, and Written Statements of Unauthorized Debit (“WSUDs”). Whether you are an aspiring AAP or you are looking for a better understanding of an RDFI’s processing obligations, this session is for you!
Continuing Education Credits: 1.8 AAP/APRP CECs
Additional Information:
Cost in Education Club tokens: 3 tokens
Speaker(s): UMACHA’s Education Team
Length: 90 minutes
Description: Receiving Depository Financial Institutions (“RDFIs”) play an important role in ensuring the ACH Network continues to operate effectively. From explaining funds availability requirements for ACH credits and debits to understanding an RDFI’s obligation when it receives prenotifications, commercial reclamations, and stop payment requests, this session takes a deep dive into understanding an RDFI’s processing requirements. This session also includes discussion about exception processing and the ACH dispute and error resolution process, including an RDFI’s recredit obligations, extended return processing, and Written Statements of Unauthorized Debit (“WSUDs”). Whether you are an aspiring AAP or you are looking for a better understanding of an RDFI’s processing obligations, this session is for you!
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.