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RDFI Exceptions 201


Event Details*
Thursday, April 1, 2021
On-Demand; 1.2 AAP, APRP CEU Eligible

Learning Level: Intermediate

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

Session Description:

This session builds on information discussed in RDFI Exceptions 101. 

This session will build on RDFI Exceptions 101, taking a deeper dive into exception handling. The session will specifically focus on how to properly use the extended return reason codes, including what codes require a completed Written Statement of Unauthorized Debit form and which do not.  It will also discuss responsibilities and rules surrounding permissible returns, as well as returns requested by the ODFI.  Lastly, it will look at Notification of Change entries and how these can be used to effectively to assist financial institutions in reducing incorrect entries.

Attendees will leave the session with an understanding of:

  1. The extended return reason codes and their requirements;
  2. Utilizing Notification of Change entries to help mitigate exceptions;
  3. Rules surrounding late returns. 
Sandy Cinelli, Director, Education, NEACH

ACH Processing
Operations/Deposit Operations
Electronic Banking

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*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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