What Reg E & the Nacha Rules Mean to You, Including Dealing with Discordant Rules
On-Demand Webinar
StreamedAug 8, 2023Duration90 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
Conflicting rules? Compliance conundrums?
Reg E
and Nacha rules both govern ACH transactions. Do you know which is which and
when to apply each? This webinar will cover the similarities – and differences
– so you are in compliance with every transaction.
AFTER
THIS WEBINAR YOU’LL BE ABLE TO:
- Understand how Regulation E applies to consumer ACH entries
- Apply the Nacha rules to consumer ACH entries
- Clarify which relationship is covered by each rule or regulation
- Explain the error resolution responsibilities for consumer ACH entries
- Define the consumer’s liability for unauthorized entries
This course
is eligible for 1.8 AAP/APRP credits.
WEBINAR DETAILS
Consumer ACH transactions
are governed by both Regulation E and the Nacha Operating Rules.
Understanding the similarities, and more importantly the differences, between
the rules and regulations is crucial to compliance with the requirements set
forth by both. What makes this more challenging is that Regulation E and the
Nacha rules seem to offer conflicting information. This session will demonstrate
that isn’t the case at all. There is a place for both in the ACH Network and
learning when to apply each of the two will put you on the road to full
compliance. Join us to learn about statement requirements, service fees, error
resolution, and more!
WHO SHOULD ATTEND?
This informative session
is ideal for ACH operations staff, AAP candidates, and audit and compliance staff.
TAKE-AWAY TOOLKIT
- Error resolution log
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits
NOTE: All materials are subject to copyright. Transmission, retransmission,
or republishing of any webinar to other institutions or those not employed by
your institution is prohibited. Print materials may be copied for eligible
participants only.
TESTIMONIALS
"Appreciated the detail provided. Really helped clarify how to handle NACHA limitations and timing issues when needing to provide credit back to consumers as required by Reg E."
- Giovanna, Valley National Bank
Presented By
Macha/PAR
© 2024 FINANCIAL EDUCATION & DEVELOPMENT, INC
