EVENT: ACH Exception Handling: Returns, Reversals, NOC's and More (Session Code: 664)
When it comes to processing ACH entries, it is the originating institution that bears the liability should something go wrong. Does that mean the receiving institution has no risk when accepting ACH transactions? As a receiving institution, your credit union is exposed to potential financial losses when you donít react timely or appropriately to exception items. If you want to mitigate potential losses, tune into this session, as we will provide guidance on the rules and regulations for handling ACH exceptions - returns, NOCs and reclamations.

Highlights:
∑ Discover how the ACH exception processes work with special emphasis on returns
∑ Learn how to respond correctly to exception items in order to limit your potential for loss
∑ Become familiar with the return reason codes and associated timeframes and understand the importance of adhering to those deadlines
∑ Understand the impact that proper or improper handling of exception items has on the quality of the ACH Network


Illinois Pricing:
Affiliate: $ 169.00
Non-Affiliate: $338.00

Out of State Pricing:
Regular: $ 175.00

Contact: Drew Kayvani(Illinois Credit Union League)
Phone: 630-983-3418
Fax: 630-983-3212
Email: drew.kayvani@ilcusys.org


Speaker: Shelly Simpson
Speaker Bio:
Speaker: Shelly Simpson, AAP, joined EPCOR in 2005 following an 11-year career with the Federal Reserve Bank of Kansas City. As the Payments Education Assistant Director with EPCOR, she designs and conducts education programs in support of ACH, cards and checks to over 2,300 financial institutions and corporate members throughout the central United States.

Location(s):

Location 1:
Telephone - Telecourse - November 08, 2012: 10:00 am CT
Duration: 12:00 pm CT

Online registration for this event has ended.