A solid foothold in ACH knowledge and understanding is critical to the success of ODFIs, RDFIs and others involved in the ACH Network. This basic series is designed to help train those needing a strong understanding of the ACH Network.
The ACH Basics Series presents information for the new ACH payments professional through a series of three webinars. This is a basic overview and intended for those new to ACH operations, front-line staff, treasury sales personnel, and those in similar roles.
Attendees will learn the basics of ACH, including the history of the Network, the parties involved with ACH transactions and their roles and responsibilities, transaction flow, and settlement process. Also covered will be all aspects of exception item processing, including options for handling unauthorized transactions, stop payments or revoked authorizations.