Webinar

ACH Origination: Knowing Your Responsibilities
Whether you are just starting your ACH Origination program or have numerous customers, you need to understand your responsibilities. Join us and learn how to decipher the SEC Codes, how the products work and what your warranties are.

Whether you are just starting your ACH Origination program or have numerous customers, you need to understand your responsibilities. The ACH Rules were written so the Originating Depository Financial Institution (ODFI) carried the origination responsibilities and warranties. As the ODFI, you pass those on to your Originators through a contract. You are still, however, ultimately responsible and you must know the warranties.

In this session, we are going to review the general origination warranties and then dive into the Standard Entry Class (SEC) Codes. We’ll look at the authorization requirements, format and specific warranties for each of the SEC Codes.

Join us and learn how to decipher the SEC codes, how the products work and what your warranties are.

Highlights

Attend this class and you will examine:

  • ACH Rule warranties for origination
  • Specific warranties for each SEC Code
  • ACH authorizations by SEC Code
  • ACH Formats by SEC Code

Audience

This course is designed for compliance personnel, auditors, operations personnel, senior management and all others interested in gaining knowledge on ACH Origination and SEC codes.

Speaker

Mary Kate Cole, AAP, CAE, principal of MK Cole Consulting, has nearly two decades of bank operations experience. Currently, Kate is working with Management HQ as an Account Coordinator and Office Manager. As Vice President of the Upper Midwest ACH Association, she was responsible for member education and problem solving as well as ACH development projects. Kate has been active in several National ACH Association Rules Work Groups over her career. She is a popular speaker at both local and national conferences on electronic payments related topics.

Credit Information

Institute of Certified Bankers: Visit http://www.icbmembers.org/login.aspx for instructions regarding self-reporting. Estimated credits: 2 hours/session

Pricing

Live Webinar:

Member price: $275.00 | Non member price $550.00

On-Demand Webinar

Member price: $295.00 | Non member price $560.00

Registration

Online: Visit the CBA Webinar Catalog

Mail: Click here and mail completed form with check payable to ConferenceEdge to: (Mail at least 10 days prior to event)

ConferenceEdge
1516 Xavier St., Ste 500, Denver, CO 80204

Phone: Call ConferenceEdge at (877) 988-7526 (credit card payments only)

Please Note:

  • Preferred Payment Method: Online
  • Please register online or by phone when paying with a credit card
  • Payment Must Accompany Registration – Invoices are Not Provided

Register online up to day of event. Earlier registration allows time to check your computer for an optimal experience.

Commands