ePayResources, in partnership with First National Bankers Bank (FNBB), presents ACH Fundamentals Boot Camp
Understanding the laws, regulations, and rules for processing ACH is a must for every financial institution. This two-day workshop is designed to introduce students to the ACH network by providing an in-depth review of the fundamentals for compliant ACH operations.
During this class you learn how to identify ACH Network participants; discover how an understanding of ACH terms and payment formats can expedite the resolution of customer inquiries; navigate the maze of the ACH Rules Book to find the information you need; decode an ACH Entry to understand the message being received; chart the course of an ACH Return Entry; dig through the technical specifications of an ACH file; and identify and quickly troubleshoot errors.
Take-aways:
- SEC Code Quick Reference Chart
- Time Frames, Transaction Handling, and Retention Quick Reference Chart
- FAQs about ACH Network and Federal Reserve Bank optional programs
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