ACH Receiving 101

with
Kim Ellis, Jennifer Miller, and Eric Wester
On-Demand
From $204.00
Training Includes:
  • Certificate of Attendance
  • All resources and training materials
  • An on-demand recording will be available after the live presentation.
This session is a part of the ACH Bootcamp: A 5-Part Series.

ACH expert Kimberly Ellis will explain the responsibilities of financial institutions that receive ACH transfers. You will learn how to handle both routine and complex transactions.

Topics Covered

  • What are the responsibilities of receiving financial institutions?
  • How are SEC codes used?
  • What does ACH file content reveal? How is it formatted?
  • How should you handle exceptions?

Training Overview

Do you receive ACH transfers? Master processing requirements and procedures.

Receiving ACH transfers requires much more than sitting idly by and waiting for funds to appear in your clients’ or members’ accounts. You must understand how to handle exceptions, use standard entry class (SEC) codes, and complete transaction flows. Updated rules for 2023 require revisions to your policies and practices.

  • What are the responsibilities of receiving financial institutions?
  • How are SEC codes used?
  • What does ACH file content reveal? How is it formatted?
  • How should you handle exceptions?

We are offering the ACH Bootcamp: A 5-Part Series here.

Who Should Attend?

  • ACH operations staff
  • Operations managers
  • Operations training staff
  • Backup operations staff
  • Internal auditors
  • Deposit compliance staff
  • Professionals at financial institutions who interact with third-party senders

Expert Presenters

Kim Ellis

  • Director of Education at UMACHA
  • 17 years of banking experience, focusing on deposit operations and compliance management
  • AAP
  • Works with business customers in the community bank market
  • Provides assistance and support for ACH and cash management services

Jennifer A. Miller

  • Director of Training at UMACHA
  • 25 years of baking experience, most recently in software product management, design, and consulting
  • AAP
  • Works with financial institutions and corporations to provide education and training on electronic payments
  • Focuses on balancing regulation with managing market expectations in innovative ways

Eric Wester

Associate Director of Education Services at UMACHA

Over a decade of banking experience

Former Operations Payment Managing Officer at a regional bank, overseeing all aspects of ACH processing, including oversight of the origination and receipt ACH functions.

AAP

 APRP

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For Teams

Have a team that needs training? Our enterprise customers receive custom branding, reporting and analytics tools, and of course, preferred pricing.