Sharing knowledge. Creating peace of mind.
$450.00 USD
Recording Date(s): November 22, 2022

Cost in Education Club tokens: 8 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.
  
Tags: ACH, ODFI, RDFI