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:

  1. How does your Financial Institution (FI) define end of day processing?
  2. As an RDFI, how many times do you pick-up ACH files from the ACH Operator?
    1. If your FI picks-up ACH files more than once per day, what are your pick-up times?
    2. Do you have dedicated staff to pick-up ACH files during the day?
  3. Will you be able to send a Same-Day ACH return?
  4. Does your FI utilize a Third-Party as a Sending Point for ACH transactions?
    1. As an ODFI, how often do you transmit to your Sending Point/Operator?
  5. 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?
  6. What are your origination transmission time frames to the ACH Operator?
  7. Will your FI underwrite Originators differently for Same-Day ACH services? If so, what will you do differently?
  8. Do you see Same-Day ACH as a revenue stream?
  9. How will you recover your cost to send Same Day ACH?
  10. 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!

 

 

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Add to Calendar aCLuDhaqizCaPxAftmqF167204 06/07/2016 08:30 AM 06/07/2016 12:30 PM false Same Day ACH Workshop 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 RegistrantDiscount:  3 or more Registrants $130 Each Others: $300 per Single RegistrantDiscount:  3 or more Registrants $260 Each Hampton Inn4301 Hardy Street (I-59 @ Hardy Street)Hattiesburg, MS 39402 Click here to Register!     Hattiesburg, MS