Main Content

Payments Education

Unauthorized ACH Entries and Stop Payments

Type: Webinar
Duration: 60 Minutes
Date & Time:

Member Fee: $0
Non-Member Fee: $349
Audience: AAP Candidates, AAPs, APRP Candidates, APRPs, Operations, ACH Personnel

 

When should an ACH transaction be returned as a Stop Payment vs. Unauthorized Entry? Which return code is appropriate and when? We'll discuss the Receiving Depository Financial Institution's obligations for returning consumer and non-consumer entries for stop pay, unauthorized or authorization revoked and review the related return reason codes, written statement (WSUD) requirements and timeframes.

 

Discounted rates will appear when signed in as a TCHPA FI Member or Corporate Subscriber.