Do you understand what an ACH Exception is and the requirements around them? Many exceptions are rare, and you may find yourself second guessing what you should do. Gain a better understanding of exception processing from returns to notifications of changes, to DNE, and more. You’ll want to make sure you understand your responsibilities as a Receiving Depository Financial Institution so you can manage your risk.
We’ll discuss the timeline for handling the different exceptions.
What You’ll Learn
- Ways to identify exceptions as an RDFI and ODFI and determine the best course of action
- Understanding the timeframes for exception processing
- Best practices for limiting your liability
- An understanding of the importance of using the correct return and NOC codes
Who Should Attend
This course is designed for ACH personnel, operations personnel, and compliance and risk personnel.