What is an ACH exception and how do you handle it when it occurs? Many exceptions are rare, and you may find yourself second guessing what you should do. Gain a better understanding of exception processing from returns to notifications of changes to DNE and more, plus return reporting requirements. The bulk of ACH risk is in origination, but if you as the Receiving Financial Institution do not process items that do post correctly, you tip that risk scale in your direction.
We'll discuss the timeline for handling the different exceptions. We will also address reinitiated entries rules and the return rate reporting that ODFI’s are required to do.
Learn captionThis course is designed for ACH personnel, operations personnel and compliance and risk personnel.
Continuing Education Credit Information
Recommended for 2 CEU Credit Hours. After attending this webinar, each attendee can receive a Certificate of Attendance for self-reporting of CEU Credits.