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Basics of ACH in a Same Day ACH World
March 29 @ 2:00 pm - 3:30 pm EDT$249
Maybe you’re new to the ACH processing world and need to know how this payment system works and be able to identify acronyms used in your day-to-day conversations or perhaps you’ve been working in ACH for some time, come to work every day, follow a checklist, but have no idea what or how the ACH payments get processed. If these statements define you or someone you work with, then this is the session to attend!
This payments webinar will provide a comprehensive in-depth picture of how the payments network ACH works. From the details about the different participants, how payments travel in the network, how they are processed by the ACH Operator and then delivered to ultimately post to the accounts of the receivers.
Settlement of these transactions and funds availability will also be discussed, outlining the difference between settlement and making the funds available with an overview on the new Same Day ACH changes and how this affects the network processing of transactions.
This is a must-attend for those new to the ACH payments arena and a nice refresher for the well- seasoned ACH payments professional.
With the completion of this payments training, attendees will be able to:
- Identify participants in the network
- Define the role of each participant
- Describe the flow of transactions
- List the different types of payments including difference between a debit and/or credit transaction
- Recognize the settlement times and posting details for each type of payment
- When and how settlement of ACH transactions happen, including the new Same Day Rule
- Identify commonly used acronyms and what they are/mean to you
$249 for Webinar and Playback*
Dates of Event
Friday, March 29, 2019
1.8 AAP Credits
Donna Olheiser AAP
About the Speaker
Donna, the Vice President of Education Services for Dynamic Mastership, is a Certified Master Trainer and an experienced Project Manager, with over 14 years’ experience managing education programs for organizations processing electronic payments and financial institutions operations areas. Prior to founding Dynamic Mastership 3 years ago, Donna served as the Education Services Director for UMACHA for 9 years. Donna began her career serving as Training and Development Specialist for the Federal Reserve Bank, Minneapolis.