Understanding Federal Government Payments
About This Event
Description
While the Federal Government uses the ACH Network to process many payments, they have unique rules for some transactions and processes, requirements that vary quite drastically from other types of ACH transactions. This course explores where the Federal Government rules differ from ACH Rules and helps attendees understand their obligations when processing Federal Government payments. We will also explore common situations like how to enrol an account holder, managing returns and notifications of change, and more.
Objectives Of The Presentation
Identify how to navigate the Federal Government Payment Rules
Locate appropriate rules that apply to given situations
Record effective management techniques to common Government Payment issues
Recognize important timeframes and deadlines to minimize exposure to loss
Why Should you Attend
Failing to follow the Government's rules for ACH increases an institution's exposure to compliance risk and financial loss.
Areas Covered
How to find the Federal Government Payment Rules
Differences between Federal Government payment rules and the ACH rules
Enrolling an account holder to receive Government payments
Properly managing Government payment Returns, DNEs, and NOCs
Reclamation basics
Important timeframes
Who will Benefit
Accredited ACH Professionals (AAPs)
Operations Personnel
Operations Managers
Audit Managers
Auditors
Compliance Professionals
Compliance Managers
Branch Managers.
For Registration
https://www.onlinecompliancepanel.com/webinar/FEDERAL-GOVERNMENT-PAYMENTS-503809/AUGUST-2016-ES-WORLDCONCAL
Note: Use Promo code HY4LZ and get 10% off on registration (Valid till JUNE 30th 2017)