Details
March 10, 2015
12:30PM - 2:00PM
Complying with Compliance Rules, a 2015 Update
Webinar
Click here to Register Today!
2015 will bring about changes to the compliance Rules, as discussed in the January 7 webinar. These include such topics as updates in P2P payments and evolving ODFI monitoring requirements. Do you understand how these changes are potentially going to impact all ACH Network participants? Are there changes that you are struggling to implement? Join us as we examine topics that add clarity for ACH participants, correct perceived inconsistencies, make editorial changes, and incorporate current practices.
Topics to be discussed include:
Effective August 2014
- Clarification of Audit Requirements for Participating DFIs Reporting Network Administration Fees
Effective January 1, 2015
- Point-of-Sale (POS) Entries - clarify use of POS for both debit and credit entries
- Return fee entry formatting requirements with respect to Receiver’s name
- Entry Detail Record for Returns – Clarification Regarding POP Entries
- Clarification of RDFI’s Obligation to Recredit Receiver
- Clarification on Prenotification Entries and Addenda Records
- Clarification on Company Identification for P2P WEB Credit Entries
Effective March 20, 2015
- Notification of Change – Removal of Change Code C04 (Incorrect Individual Name/Receiving Company Name)
- Dishonored Returns and Contested Dishonored Returns Related to an Unintended Credit to a Receiver
Speakers:
Joe Casali, AAP
Senior Vice President, NEACH
Phyllis Schneider, AAP
Director, ACH Network Rules Dev & Tech Support, Nacha – The Electronic Payments Association
MODERATOR:
Cari Conahan, AAP
Senior Director, ACH Network Rules & Enforcement, Nacha – The Electronic Payments Association
Member Price: $225 Non-Member Price: $325
AAPs are eligible to receive 1.8 AAP Continuing Education Credits for participating in this webinar event.