Type:
On Demand
Duration:
75 Minutes
Member Fee:
$0
Non-Member Fee:
$379
Audience:
AAP Candidates, ACH Personnel, APRP Candidates, Audit, Compliance, Operations, Payments Personnel, Risk
When returning an ACH transaction, operating in compliance with the ACH Rules and choosing the appropriate return reason code is crucial as it lets the Originator know why it is being returned. This session focuses on the handling of ACH exceptions from the Receiving Depository Financial Institution (RDFI) perspective, including the proper use of Return Reason Codes.