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June 27, 2017

Same Day ACH - The Debits are Coming!

2:00 pm ET/1:00 pm CT

Webinar

September 15th, 2017 marks the arrival of Same Day Debits to the ACH Network. The operational implications to Phase 2 will be significant. Here is an excerpt from the Federal Bank’s FedFlash Bulletin that highlights just a few of the potential concerns raised by the September 15th rollout:

Phase 2 of the NACHA Same Day ACH Rules change to allow debit entries along with the credit entries implemented under Phase 1 becomes effective on September 15, 2017. As with Same Day Automated Clearing House (ACH) credits, each Same Day ACH debit, provided all other requirements are also met, will result in the Same Day ACH Entry Fee of 5.2 cents being charged to the originating depository financial institution (ODFI).

• Are you proactively working to understand the implications of same-day settlement of debits?
• Are you wondering how much of an issue stale-dated entries could be upon Phase 2 implementation?

The impacts from Phase 2 can be significant to you and your customers, especially if you and your staff aren’t educated or prepared well in advance.

Attend this Same Day ACH webinar as we discuss how Same Day Debits will affect your institution and what you should begin to do now to ready your organization for this dramatic change.

BONUS: Time saving checklists will also be discussed and included.

AAP Credits 1.2

Live Session

Member Price:$140
Non Member Price:$280

Recording Only

Member Price:$140
Non Member Price:$280

Live Session and Recording

Member Price:$190
Non Member Price:$380

Click here to register

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