ACH Returns: 2 Days vs. 60 Days

with
Kimberly Ellis
On-Demand
$189.00
Training Includes:
  • Certificate of Attendance
  • All resources and training materials
  • An on-demand recording will be available after the live presentation.

ACH expert Kim Ellis will explain how to categorize returns. You will learn the process and documentation required for each type.

What You'll Learn

  • Overview of ACH participants, rights, and responsibilities of an RDFI
  • General ACH returns
  • Authorization requirements
  • Recredit obligations, WSUDs, and extended returns
  • Resolution outside of the extended return timeframe

Training Overview

How do ACH general returns and extended returns differ? Learn how to work with third-party service providers safely.

Financial institutions face increased regulatory compliance risk as ACH transactions grow. Appropriate handling of general returns vs. extended returns is particularly confusing and subject to scrutiny.

All frontline and operations staff must know what documentation is needed for stop payments and extended returns. You need to handle returns specific to each Standard Entry Class code and must understand the impact on consumer and non-consumer accounts.

  • Overview of ACH participants, rights, and responsibilities of an RDFI
  • General ACH returns
  • Authorization requirements
  • Recredit obligations, WSUDs, and extended returns
  • Resolution outside of the extended return timeframe

Who Should Attend?

  • ACH administrators
  • Operations officers and managers
  • Operations staff
  • Back-office personnel
  • Compliance officers
  • Internal and external auditors
  • Risk managers
  • BSA/AML professionals
  • ACH auditors
  • Compliance staff
  • Branch managers
  • Assistant branch managers
  • Bankers
  • Tellers
  • CTOs
  • CISOs
  • Information technology managers
  • Network administrators
  • Security officers

Expert Presenter

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

CareerLearning Quality Commitment

CareerLearning wants you to be satisfied with your purchase. If this program does not meet your expectations, email us at support@careerlearning.com.

For Teams

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