Significant Rules changes in 2016 will be covered and a complete description of the Rule changes going forward into 2017 and 2018. Same Day ACH is a drastic change to the ACH network and continues to be implemented in a 3-phase approach. Phase 1 was effective September of 2016, Phase 2 in September of 2017 and Phase 3 in March of 2018. What does this mean to a financial institution or even an Originating company and the impact(s) it may have on the processing of payments in a faster settlement environment. Third-Parties Senders will be required to comply with a registration process beginning in 2017. Attend this webinar for these changes and what they mean to the participants in the ACH network who are responsible for compliance with these Rules!
To remain in compliance with the Rules, the topics covered will include: The New (recently approved) Third-Party Sender Registration rule details, effective in 2017; minor Rules changes to language surrounding Same Day ACH, Rules Enforcement Monitoring, and more. Included will be the 2016 Significant Rules changes including unauthorized entry charges for ODFIs, changes to return thresholds for ODFI, and the NEW Same Day ACH requirement (which is a three-phase process Sept 2016 thru Mar 2018). This webinar will outline all details and what it means to you!