New ACH Return Reason Codes R11 & R17: Proper Use, Impact & Deadlines

On-Demand Webinar

StreamedSep 26, 2019Duration90 minutes

Unlimited & shareable access starting two business days after live stream
Available on desktop, mobile & tablet devices 24/7
Take-away toolkit
Ability to download webinar video
Presenter's contact info for questions

There are new return reason codes in the ACH Network. Are you using the right ones? Learn how and when to use the codes to better communicate the underlying reason for returning a transaction. Applicable scenarios will illustrate when to use the new codes and when to stick with traditional return reason codes. Join us to learn the difference!

This course is eligible for 1.8 AAP credits.
Attendance certificate provided to self-report CE credits.

HIGHLIGHTS

Expanded use of R17 and the re-purposed use of R11
Distinguish between account number return reasons R03, R04, and R17
Differentiate between unauthorized return reasons R10 and R11
Impact on your institution’s existing policies and procedures – ensure readiness and compliance
Determine appropriate use of R11 and R17
TAKE-AWAY TOOLKIT
- Quick reference guide on when to use R11 and R17
- Employee training log
- NEW – Interactive quiz