Why Should You Attend:
Recent rule changes affect the process for Reinitiation of Entries by the Originator/ODFI, including a detailed change in the format of these types of entries. The Reversal Process which is now referred to as the “Dishonored Returns and Contested Dishonored Returns Related to an Unintended Credit to a Receiver” has different compliance requirements as well for both the ODFI and the RDFI. Format changes for Reinitiated Entries for the ODFI and recently added Return Reason Codes to both these processes. This session will provide details on:
Areas Covered in the Webinar:
Who Will Benefit:
Donna K Olheiser has over 24 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. Prior to that, Ms. Olheiser spent 14 years in various departments with the Federal Reserve Bank of Minneapolis and also holds the Accredited ACH Professional (AAP) designation (achieved in 2004).
Her extensive knowledge, enthusiasm and passion for transferring payment processing knowledge using the adult learning theory is remarkable and has helped many payment professionals perform daily operational tasks including exception processing while remaining compliant with the NACHA Operating Rules. She uses scenarios and examples to bring the learning home, easy to comprehend and apply to real-life day-to-day ACH processing.
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