Details
June 7, 2016
8:30AM - 12:30PM
Same Day ACH Workshop
Hattiesburg, MS
The Same Day ACH rule will soon be a reality. Are you prepared for the most significant change to the ACH Network in 40 years? Virtually all ACH transactions with the exception of IATs will be eligible for same-day processing and settlement. All RDFIs and their account holders along with participating ODFIs and their Originators will be impacted by the introduction of same-day settlement.
Receiving Same Day ACH entries is not voluntary, so you must be ready!
This Same Day ACH In-Person workshop will put you face-to-face with the experts to get your questions answered and help you ensure you will be compliant with the Same Day ACH Rule change.
A quick glance at some of the questions to be answered during this session:
- How does your Financial Institution (FI) define end of day processing?
- As an RDFI, how many times do you pick-up ACH files from the ACH Operator?
- If your FI picks-up ACH files more than once per day, what are your pick-up times?
- Do you have dedicated staff to pick-up ACH files during the day?
- Will you be able to send a Same-Day ACH return?
- Does your FI utilize a Third-Party as a Sending Point for ACH transactions?
- As an ODFI, how often do you transmit to your Sending Point/Operator?
- Does your FI send all ACH transactions to the ACH Operator or does your FI split-off "on-us" transactions prior to the ACH file being transmitted to the ACH Operator?
- What are your origination transmission time frames to the ACH Operator?
- Will your FI underwrite Originators differently for Same-Day ACH services? If so, what will you do differently?
- Do you see Same-Day ACH as a revenue stream?
- How will you recover your cost to send Same Day ACH?
- As an ODFI, what type of training are you going to provide to your Originators? Who will provide the training? How will other FI employees receive Same-Day ACH education?
4.5 AAP Continuing Education Credits
Registration Fees:
Members: $150 per Single Registrant
Discount: 3 or more Registrants $130 Each
Others: $300 per Single Registrant
Discount: 3 or more Registrants $260 Each
Hampton Inn
4301 Hardy Street (I-59 @ Hardy Street)
Hattiesburg, MS 39402
Click here to Register!