2010 ACH Educational Webinar Series

Join us as we unravel the complexities of ACH. ACH Direct is hosting a series of free educational webinars which are developed and delivered by an accredited ACH professional from UMACHA, a highly respected and prominent regional payments association.

Consumer demand for electronic payment methods continues to surge. Are you ready to take advantage of this demand by offering a variety of ACH payments? Gain the understanding you need to maximize the opportunities afforded by ACH transactions and maintain compliance with the complex regulations governing the ACH Network by participating in these content-rich seminars.

This is a unique opportunity to further your ACH knowledge and access an expert who can answer the pressing questions you may have.

Dates

  • March 9, 2010 – Introduction to ACH
    Discover the basic principles of the ACH Network, the history, legal framework, participants and flow of ACH transactions. Details on where the Originator fits into the “flow” of an ACH transaction and the route an entry takes before posting to the Receiver’s account will be discussed.

Download Presentation

  • April 21, 2010 – Unauthorized Entries and Stop Payments
    Details on why and when an entry is returned as unauthorized (consumer and corporate entries) and what your role and obligations are as an Originator (Company).  What is a Stop Payment and what should you do when you receive an item returned as Stop Payment from your customer?  What is your responsibility?

  • May 11, 2010 – Exception Processing (Returns & NOCs)
     ACH returns can happen – what are some reasons why and the timeframe for an ACH entry to be returned.  Included will be details on a Notification of Change (NOC) outlining your responsibilities as an Originator (Company) and timeframes for compliance with the ACH Rules.

  • June 15, 2010 – Authorization Requirements
    Authorizations can be verbal, written or similarly authenticated, or by notice – but there needs to be one in place for an ACH entry to be initiated.  This session will provide details on ACH authorizations including, “Who is responsible for the authorization?”

  • July 13, 2010 – WEB and TEL Entries
    Requirements for Originators (Companies) for WEB (Internet Initiated Entries) and TEL (Telephone Initiated Entries) will be discussed in detail.  Authorization and Authentication details for each application will be included.

  • August 10, 2010 – e-Check Conversion Products
     A paper check converted to an ACH transaction, specifically ARC, POP and BOC will be examined in this session.  As a company (Originator) you need to be aware of the authorization requirements, source documents and retention of the authorization.  Represented Check (RCK) entry requirements for you as the Originator will be included.

  • September 14, 2010 - Check Basics / Check 21
    Have you ever wondered what the purpose is for the numbers on the bottom of a check? Attend this session to learn basic information on how a check travels; the participants in the check process; the regulations and an overview of Check 21.     

  • October 19, 2010 – Remote Deposit Capture(RDC) Basics / Corporate Capture
    Are you currently utilizing an RDC service or are you looking for a more efficient way to process your checks? What are the responsibilities and risks associated with RDC? Join us to hear the corporate benefits of using RDC; company warranties; how to avoid duplicate processing; secure storage and destruction of the paper check will be discussed.     

Time

  • 1:00 - 2:30 PM CT

Who Should Attend?

  • Merchants
  • Treasury management professionals
  • Decision-makers at not-for-profit organizations, educational institutions, property management companies, government agencies and other businesses interested in the benefits of electronic payments
  • Bookkeepers/accountants/payroll professionals
  • Anyone interested in furthering their ACH knowledge

Registration

Simply click on the webiar you would like to attend. You will be redirected to the registration form. Please fill it out completely and click submit. You will then receive a confirmation email. After you finish the registraion process you will be redirected back to this page so that you may register for another webinar. Approximately one week proir to the webinar, you will receive an e-mail containing the pertinent dial-in information. In a seperate email you should recive an attachment of the webinar materials.

If you have any questions about the webinars, please call Jeff Gonzales at 866.290.5400 ext. 739 or email him directly at jeff.gonzales@achdirect.com.

N