2015 ACH Rule Changes and Updates: Rules that Will Change Returns and Impose New Fees

Key Topics

• Establishing an inquiry process to evaluate and research outlier cases in which an originator’s administrative returns exceed 3%
• Reducing the existing return rate threshold for unauthorized debits from 1.0% to 0.5%
• Defining and establishing a methodology for a fee paid by the ODFI to the RDFI for returns for unauthorized debits
• Establishing an inquiry process to evaluate and research outlier cases in which an originator’s overall returns exceed 15%
• Clarifying third party sender issues
• Defining and establishing new standards for reinitiated entries
• Notification of change time period change
• Dishonored/contested reversal changes

Who should Attend

• Risk/compliance officers
• Professionals from financial institutions
• Treasury management
• Operations personnel and managers
• Third party service providers
• Accredited ACH professionals
• Homeowners` associations/property management professionals
• Payroll processors