Type:
On Demand
Duration:
50 Minutes
Member Fee:
$0
Non-Member Fee:
$379
Audience:
AAPs, AAP Candidates, APRPs, APRP Candidates, Compliance, Risk Managers, ACH Personnel
This session addresses the most commonly used ACH Standard Entry Class (SEC) codes, including the purpose and appropriate use for each. ODFIs will leave with a better understanding of their obligations for originating consumer and non-consumer transactions. RDFIs will learn about their responsibilities for processing and returning ACH entries based on the SEC code. Webinar recorded during Payments University 2022.