Product Page - ACH Reversals: What Are They & How Are They Used?
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$450.00 USD
Recording Date(s): November 22, 2022
Cost in Education Club tokens: 3 tokens
Speaker(s): UMACHA's Education Team
Length: 90 minutes
Description: The Nacha Operating Rules permit Originating Depository Financial Institutions (ODFIs) or their Originators to process ACH reversals for either single entries or entire files. However, only certain situations permit a reversal to be sent to a Receiving Depository Financial Institution (RDFI). This session will take an in-depth look at the reversal process as a whole, and how Same Day ACH may improve the process of reversing entries/files sent in error. Both ODFIs and RDFIs alike will benefit from attending this webinar.
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: The Nacha Operating Rules permit Originating Depository Financial Institutions (ODFIs) or their Originators to process ACH reversals for either single entries or entire files. However, only certain situations permit a reversal to be sent to a Receiving Depository Financial Institution (RDFI). This session will take an in-depth look at the reversal process as a whole, and how Same Day ACH may improve the process of reversing entries/files sent in error. Both ODFIs and RDFIs alike will benefit from attending this webinar.
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.