Product Page - ACH Warranties & Indemnities
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$350.00 USD
Recording Date(s): March 7, 2024
Cost in Education Club tokens: 2 tokens
Speaker(s): UMACHA’s Education Team
Length: 60 minutes
Description: Regardless of whether you are an ODFI, RDFI, or both, you are making warranties and indemnities to other ACH Network participants every day. This session discusses what a warranty and indemnity are and why you should understand the warranties and indemnities you are making. The session takes a deep dive into the warranties and indemnities regarding ACH authorizations, Notifications of Change, and transactions where an Eligible Source Document (i.e. check) is converted to an ACH debit. Finally, the session wraps up with a discussion on what to do when you are unable to resolve a dispute with another financial institution regarding an asserted breach of warranty.
Continuing Education Credits: 1.2 AAP/APRP CECs
Additional Information:
Cost in Education Club tokens: 2 tokens
Speaker(s): UMACHA’s Education Team
Length: 60 minutes
Description: Regardless of whether you are an ODFI, RDFI, or both, you are making warranties and indemnities to other ACH Network participants every day. This session discusses what a warranty and indemnity are and why you should understand the warranties and indemnities you are making. The session takes a deep dive into the warranties and indemnities regarding ACH authorizations, Notifications of Change, and transactions where an Eligible Source Document (i.e. check) is converted to an ACH debit. Finally, the session wraps up with a discussion on what to do when you are unable to resolve a dispute with another financial institution regarding an asserted breach of warranty.
Continuing Education Credits: 1.2 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.