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August 5, 2020

Government Reclamations

11:00 am ET/ 10:00 am CT

Webinar

Did you know that Federal Government Payments are among the largest users of the ACH Network? To prevent your organization from suffering from financial losses, it is critical for your staff to understand the rules behind processing and handling reclamations to Government payments. There are specific rules and liabilities set in place and it is important for your institution to keep up to date in order to reduce losses. In this session we will work through the rules and determine what transactions are subject to reclamation, including when and how a transaction should be returned.

On this webinar, you will:

AAP/APRP credits 1.2

Live Session

Member Price:$200
Non Member Price:$400

 

 

Click here to register

 

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2020-08-05 2020-08-05 America/Detroit Government Reclamations Did you know that Federal Government Payments are among the largest users of the ACH Network? To prevent your organization from suffering from financial losses, it is critical for your staff to understand the rules behind processing and handling reclamations to Government payments. There are specific rules and liabilities set in place and it is important for your institution to keep up to date in order to reduce losses. In this session we will work through the rules and determine what transactions are subject to reclamation, including when and how a transaction should be returned. On this webinar, you will: Understand Death Notification Entry (DNE) and what to do when you receive one Discover RDFI Responsibilities and Liabilities regarding government payments Learn what should be done when a Government Reclamation is received Learn what payments are subject to Government Reclamation Learn how to handle a Reclamation error Review Government Reclamation updates to the Green Book AAP/APRP credits 1.2 Live Session Member Price:$200Non Member Price:$400     Click here to register   Webinar