Are you new to the operations area of the credit union? Is ACH Origination a new product for you? Is it something you’re afraid of? Then this class is for you!
We will discuss the benefits of ACH Origination for your credit union and your members. Who makes a good originator and then we’ll dive into Article II of the ACH Rules. Join us and learn how to decipher the SEC Codes, how the products work and what your warranties are.
Covered Topics
- ACH Rule warranties for origination
- ACH authorizations by SEC Code
- The impact of Same Day ACH
- Specific warranties for each SEC Code
- ACH Formats by SEC Code
Who Should Attend?
This course is designed for operations personnel, compliance personnel, auditors, senior management and all others interested in gaining knowledge on ACH Origination and SEC codes.