ACH experts Kim Shacklett, Jennifer Miller, and Jason Johnson 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?
When:
Thursday, January 27, 2022; 1:30 PM Eastern or Thursday, April 28, 2022; 12:30 PM Eastern
Scheduled for 60 minutes including question and answer period.
Training Overview
Learn the details of receiving ACH transfers in 2022. 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 2022 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?
Who Should Attend?
- ACH operations staff
- Operations managers
- Operations training staff
- Backup operations staff
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
Jason Johnson
- Associate Director of Education Services at UMACHA
- Over five years of community banking experience
- Background as a teller and bookkeeper
- Degree in accounting