Same Day ACH

with
Kimberly Ellis
Live Session
$149.00
  • October 29, 2021, 12:30 pm   EST
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 show you how to stay in compliance with Same Day ACH rules. You will discover how to meet growing demand in your institution while avoiding unacceptable risk.

What You'll Learn

  • What is the history of Same Day ACH?
  • Why are accountholders requesting faster electronic payments?
  • When should you use Same Day ACH?
  • What types of entries can you send using Same Day ACH?
  • How do time deadlines work?
  • What are the recent changes to Same Day ACH?
  • How can you manage the risks of large same-day debits?
  • How will this service evolve in 2022? 
When:
Friday, October 29, 2021; 12:30 PM Eastern
Scheduled for 60 including question and answer period.

Training Overview

Keeping up with skyrocketing Same Day ACH popularity? Discover how to update procedures in your financial institution.

On September 24, the IRS sent 430,000 Advance Child Tax Credit payments by Same Day ACH, the most recent example of the growing scale of time-sensitive transactions. Five years from launch, this service has skyrocketed in popularity—Same Day ACH transaction value increased 123% during the first half of 2021.

Consumers and businesses demand that financial institutions originate speedy payments more than ever. You need to revisit your use of Same Day ACH and update policies and procedures to reflect the current capabilities, requirements, and demand.

  • What is the history of Same Day ACH?
  • Why are accountholders requesting faster electronic payments?
  • When should you use Same Day ACH?
  • What types of entries can you send using Same Day ACH?
  • How do time deadlines work?
  • What are the recent changes to Same Day ACH?
  • How can you manage the risks of large same-day debits?
  • How will this service evolve in 2022?

Who Should Attend?

  • ACH operations staff
  • ACH treasury staff
  • Operations staff
  • Back-office personnel
  • Compliance officers
  • Bankers

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

For Teams

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