July 20, 2021
RDFI Roles & Responsibilities
Wisconsin In-Person, AAP Prep
Macha Office | W177N9856 Rivercrest Drive, Suite 105 | Germantown, WI
9:00 am - 3:00 pm CT
$175 Member/$350 Non-Member
Receiving Depository Financial Institutions (RDFIs) are mission critical to the proper functioning of the ACH Network. This full day session will explain the roles and responsibilities of RDFIs and provide guidance on how to properly process incoming ACH transactions while adhering to Nacha Operating Rules.
This session highlights:
- ACH Network participants
- Warranties and Obligations of the RDFI
- Standard Entry Class Codes and how they apply
- Funds Availability
- Exception processing (NOCs and Returns)
- Overview of Government payments
- Same Day ACH implications
This session is ideal for ACH Operations, Audit staff, and AAP Candidates.
Registration closes July 16, 2021. AAP Candidates must attend this session for the AAP Guarantee.
6.0 AAP/APRP Credits | CTP Credits May Apply