Latest Amendments to the NACHA Operating Rules: Compliance Mandates for 2019 and Beyond
OVERVIEW This session will provide the details on the recently approved amendments on enhancing Same Day ACH (SDA) and raising the dollar limit on SDA transactions (effective in 2019 and 2020 ). In addition, other approved Rules Changes based on recent proposals by NACHA (National ACH Association) and how this could affect you as a participant in the ACH Network will be discussed. Details on how an RDFI can return a questionable item and other minor rules will be covered. Changes that will affect the Annual ACH Rules Compliance Audit and Appendix 8 ; including other related topics on ACH Quality and Risk Management such as supplementing Data Security requirements and Fraud Detection standards for WEB debits, will be included. WHY SHOULD YOU ATTEND The NACHA Operating Rules need to be followed by all financial institutions who process ACH transactions. This webinar will provide all the details nec...