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From A to Z: Basics of an RDFI
$450.00 USD

Recording Date(s): February 28, 2024

Cost in Education Club tokens: 3 tokens

Speaker(s): UMACHA's Education Team

Length: 90 minutes

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.

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: ACH, RDFI