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Frontline: WSUD vs. Stop Payment for ACH Entries
$450.00 USD

Recording Date(s): December 6, 2023

Cost in Education Club tokens: 3 tokens

Speaker(s): UMACHA's Education Team

Length: 90 minutes

Description: Two of the most common ACH Audit findings include errors made by financial institutions when handling stop payment requests and disputes (including how the Written Statement of Unauthorized Debit is handled). Let our team help your frontline staff understand the differences between these two processes and what documentation is required. Also, learn about document retention requirements RDFIs have when processing Extended Returns. This session also includes information on various return reason codes used when handling ACH disputes, so your operations staff can be confident they are using the most appropriate return reason code.

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