ACH Receiving 101

ACH expert Eric Wester will explain the responsibilities of financial institutions that receive ACH transfers. You will learn how to handle both routine and complex transactions.

Topics Covered

What are the responsibilities of receiving financial institutions?
How are SEC codes used?
What does ACH file content reveal? How is it formatted?
How should you handle exceptions?

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$224.00

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Training Overview

You will receive more ACH payments in 2024! Master receiving requirements and procedures.

As ACH use accelerates, your institution will likely receive more payments through the network this year than ever before.

Receiving ACH transfers requires much more than sitting idly by and waiting for funds to appear in your clients’ or members’ accounts. You must understand how to handle exceptions, use standard entry class (SEC) codes, and complete transaction flows.

What are the responsibilities of receiving financial institutions?
How are SEC codes used?
What does ACH file content reveal? How is it formatted?
How should you handle exceptions?

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

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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)

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