Details
Show Me the Money! ACH Tax Refunds
With a majority of tax refunds delivered via ACH each spring, financial institutions face the challenges associated with exception processing related to ACH tax refund payments. This session will help you ensure that your processing of ACH tax refunds is efficient and that it protects your financial institution from losses associated with incorrect handling of these types of payments. This session will cover:
- Name/account number mismatches
- Deceased recipients
- Posting to incorrect accounts
- Other exception items
This session is ideal for ACH Operations staff, AAP and APRP Candidates, and Audit and Compliance staff.
