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Event Name:The ABCs of ACH Fundamentals
Date:Tuesday, February 7, 2017 11:00am CST
Presented By:BankersHub
Panelist(s) Info: Donna Olheiser AAP Vice President of Education Dynamic Mastership LLC
Credits:1.2 AAP Credits, 1.0 CPE Credit

Maybe you’re new to the ACH processing world and need to know how this payment system works and be able to identify acronyms used in your day-to-day conversations or perhaps you’ve been working in ACH for some time, come to work every day, follow a checklist, but have no idea what or how the ACH payments get processed.  If these statements define you or someone you work with, then this is the session to attend!  The basics of who the participants are, the flow of ACH transactions and how settlement works plus defining the most commonly used acronyms will all be included in this 90-minute session.

Attendee Takeaways:

  • How the ACH Network works as a payment system
  • Participants in the ACH Network
  • Basic role of each participant in the network
  • Flow of ACH Transactions
  • Difference between a debit and credit transaction
  • When and how settlement of ACH transactions happen
  • Identify commonly used acronyms and what they are/mean