Exploring New Amendments to Enhance Same Day ACH (SDA) Possibilities

Duration 90 Mins
Level Intermediate
Webinar ID IQW19D0483

  • Identify the new additional window for Same Day ACH Transactions
  • List benefits for the participants affected by the addition of this new SDA processing window
  • Demonstrate how raising the dollar limit of a single SDA transaction can help increase B2B payments going forward
  • Describe the effects of funds availability for the RDFI with the additional window for transmitting Same Day ACH transactions
  • Outline the new “funds availability” for both SDA and non-SDA transactions

Overview of the webinar

During this webinar discussion on the newly adopted amendments to the NACHA Operating Rules surrounding Same Day ACH (SDA). These amendments will impact all participants in the network, particularly the adding of a third processing window for SDA transaction (adding an additional two hours to the schedule).

With an additional two hours for SDA, processes for the RDFI that they are required to make SDA credit Entries available for withdrawal by 5:00 pm local RDFI time? This session will outline the upcoming changes and identify the impacts for the Originator, the ODFI and the RDFI.

Discussion during this session will include the impacts of raising the dollar limit for SDA transactions to the business and electronic payments going forward and how participants can take advantage of this change and benefit from making this a service available to their business customers.

In addition, details on how the change to the funds availability for both SDA and non-SDA entries will affect the RDFI when processing ACH transactions and remaining in compliance with the changes to the NACHA Operating Rules in the near future. 

Who should attend?

  • ACH Operations staff
  • Compliance Officers
  • ACH Managers
  • Electronic Payments Professionals
  • AAP’s – Keeping up with changes in ACH Rules and wanting to earn AAP Continuing Education Credits

Why should you attend?

Recently approved amendments to the NACHA Operating Rules are expanding Same Day ACH by adding an additional window in which Same Day ACH (SDA) Entries can be transmitted, so what does this mean for the ACH network and the participants? 

Another change taking place with the new SDA Amendments to the Rules is to increase the dollar limit on a single SDA Entry from $25,000 to $100,000; This will affect the network by adding more Entries (most likely B2B payments) into the network.

Faculty - Ms.Donna Olheiser

Donna K Olheiser, AAP, is the vice president of Education Services and founder of Dynamic Mastership, LLC. She is an enthusiastic and energetic Certified Master Trainer with over 14 years’ experience. She has designed and facilitated over 150 training sessions each year with her expertise being the rules for companies and financial institutions when processing electronic (specifically ACH) payments, then scheduling the events to facilitate/deliver the material through a variety of venues (webinars, teleseminars, in-person workshops, including regional and national conferences).
 
Ms. Olheiser is also an experienced project manager managing education programs for organizations per their requests on processing electronic payments while developing personalized training programs for financial institutions. She has over 23 years of experience in the financial services industry which includes 9 years’ experience as the education service director at a Regional Payments Association (RPA), where she managed and facilitated the entire education program for nearly 800 financial institution members. Prior to that, Ms. Olheiser spent 14 years in various departments with the Federal Reserve Bank of Minneapolis and also holds the Accredited ACH Professional (AAP) designation (achieved in 2004).
 
Her extensive knowledge, enthusiasm, and passion for transferring payment processing knowledge using the adult learning theory is remarkable and has helped many payment professionals perform daily operational tasks including exception processing while remaining compliant with the NACHA Operating Rules. She uses scenarios and examples to bring the learning home, easy to comprehend and apply to real-life day-to-day ACH processing. Ms. Olheiser’s ability to engage the learner through the entire training event helps the adult learner apply what they’ve learned during and after each training session.
 

100% MONEY BACK GUARANTEED

Refund / Cancellation policy
For group or any booking support, contact: