Date & Time:
AAP Candidates, ACH Personnel, APRP Candidates, Audit, Compliance, Operations, Payments Personnel, Risk
Prenotes allow Originators and ODFIs to verify an account number for a Receiver prior to sending a live dollar transaction, but did you know that RDFIs are responsible for ensuring every Prenote received contains a valid account number and that Originators can send live entries as soon as the third banking day following settlement of a Prenote? Did you know that the RDFI accepts liability for the Notifications of Change (NOCs) that they send? Are you handling them in a timely manner? Attendees will leave with a better understanding of Prenotes and NOCs.