ACH Origination 101

ACH expert Eric Wester will explain the responsibilities of financial institutions that originate ACH transfers. You will learn how to process transactions and handle exceptions.

Topics Covered

  • What are the responsibilities of financial institutions that originate transactions?
  • What are the content and format of an ACH file?
  • How are SEC codes used?
  • How should you accept returns and process reversals?
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Training Overview

Customers demand ACH sending capabilities. Master origination requirements and procedures.

As ACH use increases, customers expect financial institutions to send payments quickly and adeptly while minimizing risk and ensuring accuracy.

 

Originating ACH transfers requires that you follow detailed procedures. You must understand how to send funds, handle exceptions, accept returns, and process reversals.

  • What are the responsibilities of financial institutions that originate transactions?
  • What are the content and format of an ACH file?
  • How are SEC codes used?
  • How should you accept returns and process reversals?

We are offering the ACH Bootcamp: A 5-Part Series here.

Recommended Audience
Who Should Attend?
  • ACH operations staff
  • Operations managers
  • Operations training staff
  • Backup operations staff
  • Internal auditors
  • Deposit compliance staff
  • Professionals at financial institutions who interact with third-party senders
What's included
Training includes
  • Certificate of Attendance
  • All resources and training materials
  • This session is a part of the ACH Bootcamp: A 5-Part Series.
About

Expert Presenter

Eric Wester
  • Associate Director of Education Services at UMACHA
  • Over a decade of banking experience
  • Former Operations Payment Managing Officer at a regional bank, overseeing all aspects of ACH processing, including oversight of the origination and receipt ACH functions
  • AAP (Accredited ACH Professional)
  • APRP (Accredited Payments Risk Professional)