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ACH Origination and ODFI Basics Workshop
$550.00 USD

Recording Date(s): May 23, 2024

Cost in Education Club tokens: 4 tokens

Speaker(s): UMACHA’s Education Team

Length: 5 hours

Description: As an Originating Depository Financial Institution (ODFI), you shoulder a substantial number of warranties within the ACH Network. Are you well-versed in what these warranties entail and the liabilities that come with sending ACH Entries? 

Join us as we discuss a wide range of important topics, including an overview of ACH Network participants, the fundamental rights and responsibilities of ODFIs, ACH origination agreement requirements, Third-Party Sender obligations, authorization requirements, Standard Entry Class Codes, effective risk management practices, and more. Whether you are new to ACH origination, serve as a backup, or you are just looking for a refresher, this workshop is for you.


Continuing Education Credits: 6.0 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, Full-Day Event, ODFI, Risk, Third-Party Sender