All You Need to Know About Same Day ACH - Faster Payments! 2016

Key Topics

• Dates for each phase in the implementation process and what is happening
• How the new rule varies slightly from the original RFC (Request For Comment)
• What types of ACH payments are not part of the Same Day ACH payments
• 10 primary use cases for Same Day ACH
• Impacts on the ODFI and originator including the optional same day indicator for use only by these parties
• How Same Day ACH is optional for use by originator and ODFI; but mandatory receipt of these entries for RDFI
• Impacts on the RDFI with discussion on changes for the receipt and processing of ACH file in new environment
• Procedure change suggestions for the ODFI to handle the originators who do not want to use the same day service
• Details on how credit funds availability rules are changing for the RDFI and what does this mean to your financial institution during each phase of the implementation

Who should Attend

Attendees from:

• Banking Operations Managers and Staff
• Financial Institution Executives and Professionals
• AAP`s (Accredited ACH Professionals)
• Treasury Management
• Company /Business Owners (Originators)
• Payroll Processors
• Third-Party Service Providers and Third-Party Senders
• Banking Managers/ Supervisors
• Audit and Compliance Personnel / Risk Managers