Details
July 18, 2024
RDFI Roles & Responsibilities (Virtual)
Recommended AAP Training Session
9:30 am - 3:30 pm Eastern
8:30 am - 2:30 pm Central
Please note that the virtual session is not eligible for the AAP Guarantee.
This session is Educational Package Plan eligible.
Receiving Depository Financial Institutions (RDFIs) are mission critical to the proper functioning of the ACH Network. This full day session will explain the roles and responsibilities of RDFIs and provide guidance on how to properly process incoming ACH transactions while adhering to Nacha Operating Rules. This session highlights:
- ACH Network participants
- Warranties and Obligations of the RDFI
- Standard Entry Class Codes and how they apply
- Funds Availability
- Exception processing (NOCs and Returns)
- Overview of Government payments
- Same Day ACH implications
This session is ideal for ACH Operations, Audit & Compliance staff, and AAP Candidates.
$175 Member/$350 Non-Member
6.0 AAP/APRP Credits | CTP Credits May Apply
