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RDFI Exceptions 101


Event Details*
Monday, April 03, 2023
Webinar; 1.2 AAP/APRP CEU Eligible
Level: Beginner

Event Registration**
Member Price: $225.00
Non-Member Price: $325.00

Exception handling is a critical function within an RDFI. Exception handling errors can lead to financial loss and reputational issues for a financial institution. This session will help attendees understand the appropriate return reason codes to use and why that code is the best choice. We'll also discuss your obligations upon receiving prenotes and what steps to take when you receive a Death Notification Entry (DNE). Understanding the liabilities and responsibilities of properly handling returns, prenotes, and DNEs will also assist in potentially avoiding losses due to untimely returns or rules violations due to improper return codes

At the end of the session attendees will:
• Identify the various return reason codes and when to use them
• Describe Prenotification and DNE entries
• Discuss the responsibilities and liabilities of the RDFI

Sandy Ortins, AAP, APRP, NCP, SVP, Operations, NEACH

• AAPs
• ACH Coordinator
• Compliance
• Electronic Banking
• Operations
• Risk/Compliance

You might also like:
• RDFI Exceptions 201

*Please note that the access information will be sent to you in a separate email upon receipt of payment. Access information and support are only provided during normal business hours.

** This event is part of the NEACH Education Club. Members who join the Club save $75 off the cost of this event.

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