MAR 08

The Basics (Essentials) of ACH Transactions


All other Events(no CPF)




  08 Mar 2017 through 08 Mar 2017


  New Hyde Park, New York, United States

Website URL:

Sponsoring organization:

  Compliance Global Inc


  Business > Finance

Event description:

Overview: In the financial services industry, there is constant turnover and training new employees on the basics of ACH electronic payments can be difficult and time-consuming. Perhaps you have staff that have been working in ACH for some time, come to work every day, follow a checklist, but have no idea what or how the ACH payments get processed. For these employees and others whose responsibilities pertain to ACH payments, this webinar will provide the basis of how ACH payments work. Why Should You Attend: What are ACH payments, how do they work and what does that mean to a financial institution and its customers – are a few questions that will be answered during this introduction to ACH payment processing. In this 90-minute information-filled webinar, attendees will discover the fundamentals of how ACH electronic payments work and the role that each participant in the ACH network plays to make ACH payments effective, efficient and inexpensive. Areas Covered in this Webinar: The ACH network - a brief history Five basic participants and their roles and responsibilities in the ACH network Common types of ACH payments – to identify how ACH payments are used everyday Identify the difference between a debit and credit transaction Illustrate the flow of ACH transactions among the basic five participants Definitions of terms and acronyms used in the ACH network How settlement works with the processing of ACH transactions Learning Objectives: Identify what is the ACH network and examples of ACH electronic payments List the five basic participants in each electronic ACH transaction Outline the roles each participant plays in the processing of ACH electronic payments Define the basic legal framework of the ACH network Illustrate the most common types of payments that flow through the ACH network Describe the settlement process and the difference between a debit and a credit ACH transaction Who Will Benefit: Financial Institution Professionals (New/Current Operations Staff) Banking Operations Managers and Staff Compliance and Risk Professionals Treasury Management Professionals Aspiring AAPs (Accredited ACH Professionals) Loan Officers Credit Risk Managers Payroll Processors (New and Current Staff) Company/Business Owners (Originators) Banking Managers/Supervisors Third-party Service Providers and Third-party Senders Audit and Compliance Personnel/Risk Managers Speaker Profile: Donna K Olheiser, AAP, is the Vice President of Education Services and founder for Dynamic Mastership, LLC. She is an enthusiastic and energetic Certified Master Trainer with over 14 years’ experience. She has designed and facilitated over 150 training sessions each year with her expertise being the Rules for companies and financial institutions when processing electronic (specifically ACH) payments, then scheduling the events to facilitate/deliver the material through a variety of venues (webinars, tele-seminars, in-person workshops, including regional and national conferences). Donna is also an experienced Project Manager managing education programs for organizations processing electronic payments and developing personalized training programs for financial institutions. Donna has over 23 years of experience in the financial services industry which includes 9 years’ experience as the Education Service Director at a Regional Payments Association (RPA), where she managed and facilitated the entire Education program for nearly 800 financial institution members. For more detail please click on this below link: Email: Toll Free: +1-844-746-4244 Tel: +1-516-900-5515 Fax: +1-516-900-5510

Posting date:

06 February 2017
views | 1 subscribers | Be the first to rate this event


Not-featured (How do I make my event featured?)