Exploring the 2015 NACHA Operating Rules - Are You in Compliance?

Duration: 90 Minutes
As a financial institution sending and receiving electronic ACH payments, compliance with the NACHA Operating Rules is crucial! This session will identify the Rules changes that became effective in 2015 and what considerations need to be addressed as you ensure you have made the changes to your policies and procedures to ensure the new Rules changes have been incorporated.
2015 NACHA Operating Rules Changes
Instructor: Donna K Olheiser
Product ID: 501051

Areas Covered
  • Compliance and operational issues resolved with Rules changes effective Jan 1 that clean-up some language and clarify certain pain-points in the rules
  • Audit requirements for DFI's reporting network administrative fees
  • ACH Network Risk topics to include TPS (Third Party Sender) obligations and NACHA's enforcement authority
  • Unauthorized Return Rate threshold being reduced - and identifying what the new threshold is and what this means to each DFI
  • Administrative and overall Return Rate - what the new rates are and how they affect you as the DFI utilizing the ACH Network
  • Re-initiation Process being revised to change format requirements and ODFI's responsibilities

Why Should you Attend
Every financial institution, which processes ACH payments are responsible for being in compliance with the NACHA Operating Rules. In this 90-minute session you will hear all the details about changes to the Rules that have happened in 2015 and what that means to your institution whether you send ACH transactions or simply receive them. This is definitely the most important session to attend in 2015!

Objectives of the Presentation
  • Identify how ODFI's will continue monitoring unauthorized return rates - with a reduced threshold
  • Describe the new administrative return threshold and what monitoring means to you as an RDFI and ODFI
  • Define how NACHA's enforcement authority affects the inquiry process in place effective Sept 18, 2015
  • List the details of the new re-initiation process which includes format changes - have you made the changes?
  • Illustrate when the new Return Reason code (R62) is used by an ODFI to dishonor a return related to an unintended credit
  • Determine the only circumstances when the RDI can use the new Return Reason code (R77) to contest a dishonored return
Who can Benefit
  • Operations Staff
  • Treasury Professionals
  • AAP's for AAP CE (Continuing Education) Credits
  • ACH Auditors (internal and external)
  • CFO's to pass on to their staff
$300
Recorded Session for one participant
Get life time access with download option!
Book this course
Pay Now
  $450.00 Training CD
Free shipment within 4 Working Days of placing the order. Get life time access for unlimited participants.
  $550.00 Training USB Flash Drive
Free shipment within 4 Working Days of placing the order. Get life time access for unlimited participants.
For multiple location please contact our customer care team +1-510-857-5896.
How it works
Live Session - How it works
  • Login to onlinecompliancepanel with your registered username and password https://www.onlinecompliancepanel.com/login
  • The webinar joining link, username and password for joining the webinar will be updated on your OCP Account 24 hours prior to the webinar
  • Presentation handouts in Downloadable PDF format will be updated on your OCP Account 24 hours prior to the live session
  • Login to the audio conference on the scheduled date and time
  • Get answers to your queries through interactive Q&A sessions via chat at the end of the session
  • Download the Certificate of Attendance and Purchase Invoice from your OCP Account 24 hours after the completion of the session
  • Please let us know your thoughts and views at the end of the webinar, your valuable feedback will help us improve
Recorded Session - How it works
  • Login to onlinecompliancepanel with your registered username and password https://www.onlinecompliancepanel.com/login
  • Upon purchase of the recorded session a link will be updated on your OCP Account within 24 hours
  • Please click on the link to access the Recorded Session
  • Presentation handouts in downloadable PDF format will be updated on your OCP Account within 24 hours of the purchase of the product
  • Download the Certificate of Attendance and Purchase Invoice from your OCP Account after 48 hours of the product Purchase
  • Please share your valuable Feedback at the end of the session
Instructor Profile:
Donna K Olheiser, AAP, is the vice president of Education Services and founder of Dynamic Mastership, LLC. She is an enthusiastic and energetic Certified Master Trainer with over 14 years' training experience. She has designed and facilitated over 100 training sessions each year with her expertise being the rules for companies and financial institutions when processing electronic (specifically ACH) payments, then scheduling the events to facilitate and deliver the material through a variety of venues (webinars, teleseminars, in-person workshops, including regional and national conferences).

Her extensive knowledge, enthusiasm and passion for transferring payment processing knowledge using the adult learning theory is remarkable and has helped many payment professionals perform daily operational tasks including exception processing while remaining compliant with the NACHA Operating Rules. She uses scenarios and examples to bring the learning home, easy to comprehend and apply to real-life day-to-day ACH processing. Ms. Olheiser's ability to engage the learner through the entire training event helps the adult learner apply what they've learned during and after each training session.

She has over 24 years of experience in the financial services industry which includes 9 years' experience as the education service director at a Regional Payments Association (RPA), where she managed and facilitated the entire education program for nearly 800 financial institution members. Prior to that, Ms. Olheiser spent 14 years in various departments with the Federal Reserve Bank of Minneapolis and also holds the Accredited ACH Professional (AAP) designation (achieved in 2004).
View More