Description

This webinar is an introduction to the ACH network and is a staple for new employees or existing employees that may need a refresher. Attendees will learn about participants and flow, rules that govern ACH and wires, domestic and international ACH and wire transfers, the exchange of funds and transactions between the originating and receiving institution, mandatory format and exceptions that occur both on the originating and receiving side of ACH and wire transfers. This 1 ½ hour webinar will also provide an overview of the most common fraud trends in ACH and wire transfer.

Speakers: Kelly Rozier, AAP, APRP, Associate, Payments, Regulatory Compliance and Financial Crimes.

Topics include:

• ACH and Wire participants and flow.
• Domestic and international participants and flow in the ACH & Wire Network.
• Originating and receiving responsibilities.
• General rules, regulations and laws governing the ACH & Wire Network.
• Recalls & Returns (exceptions).
• Common Fraud Trends.

• New Employees or Refresher for Existing Employees
• Payments Professionals (May submit AAP/AAPR Continuing Education Credits
• Deposit Operations/Electronic Banking
• Client Facing Teams
• Treasury Sales and Operations
• BSA and Fraud
• Compliance Officers
• Internal Audit
• Information Security/Technology

Topics include:

• ACH
• Wire Transfer
• BSA - AML
• Fraud