ACH expert Kimberly Ellis will decipher the ACH return codes and explain the intricacies of each situation. You will learn how to apply this information to transactions in your institution.
What You'll Learn
- How do administrative returns and unauthorized returns differ?
- What timeframes are allowed for the various types of returns?
- When is a Written Statement of Unauthorized Debit required?
- What are the implications of post-death returns?
Scheduled for 60 minutes including question and answer period.
Training Overview
Learn the rules and codes for ACH returns. Prepare to handle the intricacies of various situations.
Receiving Depository Financial Institutions return ACH entries for many reasons. You must understand the specifics of each situation, including administrative returns, unauthorized returns, and post-death returns. Each return reason code indicates specific timeframes and documentation required.
- How do administrative returns and unauthorized returns differ?
- What timeframes are allowed for the various types of returns?
- When is a Written Statement of Unauthorized Debit required?
- What are the implications of post-death returns?
Who Should Attend?
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ACH operations staff
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Operations managers
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Operations training staff
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Backup operations staff
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