ACH Warranties & Indemnities

This session provides an examination of some of these warranties and indemnities, why they matter, and how they affect your institution’s risk and compliance responsibilities. Participants will take a closer look at the specific warranties and indemnities tied to ACH authorizations, Notifications of Change, and transactions that involve converting an eligible source document, such as a check, into an ACH debit. The discussion will also cover effective steps to take when resolving breach of warranty claims with other financial institutions, including strategies to use when an agreement cannot be easily reached.