Type:
On Demand
Duration:
24 Minutes
Date & Time:
Course #:
Member Fee:
$0
Non-Member Fee:
$279
Audience:
AAP Candidates, AAPs, ACH Personnel, APRP Candidates, APRPs, Compliance, Operations
A June 2021 ACH rule change limits the length of time in which an RDFI is permitted to make a claim against the ODFI’s authorization warranty; however, the language and timelines can be confusing (95 days vs. 1 year, vs 2 years from settlement date). This session defines the timelines, explains how Regulation E plays a part in these timelines, delivers sample scenarios and explains Nacha’s Warranty Claims Tool.