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Standard Entry Class Codes and the Rules that Govern Them

Description

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

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


SEC codes are considered ACH products. Requirements under the Nacha Operating Rules vary depending on the SEC Code. This session will review all the requirements of various Standard Entry Class Codes (SEC Codes) including the specific authorization requirements for each. Improper authorization of transactions may increase the liability of an Originating Depository Financial Institution (ODFI) and ultimately, Originators. All ACH SEC codes and their unique use cases, Rules, and requirements will be covered.


Attendees will leave the session capable of:
• Describing use cases for the most common SEC codes
• Identifying the proper authorization requirements for common SEC Codes
• Differentiating between each SEC Code


Speaker:
Elyssa Morgan, AAP, APRP, Vice President, Membership, NEACH


Audience:
• AAPs
• Cash Management
• Financial Institutions
• Operations
• Rule Book Contact



*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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