About This Course:
Are you new to the operations area of the bank? Is ACH Origination a new product for you? Is it something you are unsure of? Then this class is for you!
We will discuss the benefits of ACH Origination for your bank and your customers. For instance, who makes a good originator, and then we'll dive into the ACH rules, how to decipher the SEC Codes, how the products work, what your warranties are, and more!
What You'll Learn:- 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.