Looking to deepen your understanding of ACH SEC codes and their role in the ACH network? Join the Payments Professor for an insightful webinar that defines and unpacks the ACH network Standard Entry Class (SEC) codes.
This focused session will provide an overview of SEC codes, their purpose, and how they classify different types of ACH transactions, ensuring you gain the expertise needed to succeed in the exam and in your daily operations.
Explore major SEC codes like PPD, CCD, TEL, and WEB, diving into their specific rules, compliance requirements, and risk considerations. Learn about authorization requirements to help ensure proper processing of ACH transactions.
With an interactive Q&A session, this webinar offers a unique opportunity to clarify doubts, discuss complex topics, and receive tailored guidance for your AAP exam preparation. By the end of the session, you’ll be ready to confidently tackle SEC code-related questions and if you’re looking to get certified, be well on your way for AAP certification success.
What You’ll Learn
- Introduction to ACH SEC Codes: Gain a comprehensive understanding of what SEC codes are, their purpose, and how they classify different types of ACH transactions
- Learn about SEC Codes:
- PPD (Prearranged Payment and Deposit Entry)
- CCD (Corporate Credit or Debit)
- TEL (Telephone-Initiated Entry)
- WEB (Internet-Initiated Entry)
- ARC, BOC, POP, and RCK
- Compliance and Risk Considerations: Learn the compliance obligations associated with each SEC code, including authorization requirements, risk management, and how they impact the processing of ACH transactions
- Interactive Q&A: Participate in a live Q&A session to clarify doubts, discuss complex topics, and get expert guidance tailored to your exam preparation needs
Who Should Attend
This webinar is ideal for those who need to learn about how ACH SEC codes work and what they do, or if you’re preparing for the AAP exam and want to deepen your understanding of ACH SEC codes and their regulatory framework. By the end of this session, you’ll be equipped with the knowledge and strategies to tackle questions related to SEC codes confidently.