This 90-minute session will discuss details about how processing federal government payments differ from the NACHA Operating Rules. You will learn what the green book is and how this valuable on-line tool will help you with processing DNE's and federal government reclamations. Commercial reclamations have less liability and differ greatly from processing federal government reclamations; the speaker will cover details on each, including the difference between the two types of reclamations.
WHY SHOULD YOU ATTEND?
Processing ACH payments from the federal government can be challenging. This webinar training will outline details on when account holders are deceased and what your responsibilities are to the federal government if they are receiving benefit payments. The NACHA Operating Rules still apply when processing these payments but the Green Book outlines exceptions when handling DNEs (Death Notification Entries) and federal government reclamations. Participants will learn about commercial vs. government reclamations, what the difference is and how to handle processing each one (there IS a difference!). Examples used throughout the session will apply the processes and guidelines discussed to help bring the details to real-life scenarios.
AREA COVERED
- What is the Green Book and where is it located?
- Where in the Green Book do I find details on DNEs and government reclamations
- 31 CFR (Code of Federal Regulation) - Part 210 --- how this applies
- Process on properly handling Death Notification Entries (DNE's)
- Process on returning deceased account-holders federal government benefit payments
- Process on handling commercial reclamations, timeframes and returns
- Major differences for banks liability for commercial vs. federal government reclamations
LEARNING OBJECTIVES
- Detailed processes on handling Death Notification Entries (DNE's)
- Timeframes on returning ACH Entries when account holders are deceased
- Descriptions of return reason codes to use when returning federal government benefit payments for deceased account holders
- Correctly processing federal government reclamations
- Timeframes for responding to government reclamations
- Difference between commercial and government reclamations
WHO WILL BENEFIT?
- Banking operations managers and staff
- Compliance and risk professionals
- Treasury management professionals
- Aspiring and current AAP's (Accredited ACH professionals)
- Banking managers/ Supervisors
- Audit and compliance personnel / Risk managers
Processing ACH payments from the federal government can be challenging. This webinar training will outline details on when account holders are deceased and what your responsibilities are to the federal government if they are receiving benefit payments. The NACHA Operating Rules still apply when processing these payments but the Green Book outlines exceptions when handling DNEs (Death Notification Entries) and federal government reclamations. Participants will learn about commercial vs. government reclamations, what the difference is and how to handle processing each one (there IS a difference!). Examples used throughout the session will apply the processes and guidelines discussed to help bring the details to real-life scenarios.
- What is the Green Book and where is it located?
- Where in the Green Book do I find details on DNEs and government reclamations
- 31 CFR (Code of Federal Regulation) - Part 210 --- how this applies
- Process on properly handling Death Notification Entries (DNE's)
- Process on returning deceased account-holders federal government benefit payments
- Process on handling commercial reclamations, timeframes and returns
- Major differences for banks liability for commercial vs. federal government reclamations
- Detailed processes on handling Death Notification Entries (DNE's)
- Timeframes on returning ACH Entries when account holders are deceased
- Descriptions of return reason codes to use when returning federal government benefit payments for deceased account holders
- Correctly processing federal government reclamations
- Timeframes for responding to government reclamations
- Difference between commercial and government reclamations
- Banking operations managers and staff
- Compliance and risk professionals
- Treasury management professionals
- Aspiring and current AAP's (Accredited ACH professionals)
- Banking managers/ Supervisors
- Audit and compliance personnel / Risk managers
Speaker Profile
Donna K Olheiser, AAP, is the vice president of Education Services and founder of Dynamic Mastership, LLC. Donna is an enthusiastic and energetic Certified Master Trainer with over 14 years’ training experience. She has designed and facilitated over 100 training sessions each year with her expertise being the rules for companies and financial institutions when processing specifically ACH electronic payments, then scheduling the training events to facilitate/deliver the material through a variety of venues (webinars, teleseminars, in-person workshops, including regional and national conferences). Donna has over 24 years of experience in the financial services industry which includes 9 years’ experience …
Upcoming Webinars
California Meal and Rest Breaks: What You Dont Know Can Cos…
Responding to EEOC Discrimination Charges-What's Your Busin…
Implementing an Effective Human Error Reduction Program
Conflict Resolution - Prevent, De-escalate, Resolve
When Employees Travel: Wage and Expense Rules Employers Mus…
With Mandatory Paid Leave Gaining Ground Is It Time To Do A…
Female to Female Hostility @Workplace: All you Need to Know
Form 1099-MISC and 1099-NEC Compliance Update 2024
Validation Statistics for Non-Statisticians
The Totally Organized Professional Is All About Outcomes
Why EBITDA Doesn't Spell Cash Flow and What Does
GAMP5, Second Edition and Alignment with Computer Software …
Project Management for Non-Project Managers - Scheduling yo…
Sunshine Act Reporting - Clarification for Clinical Research
Understanding the Math of HR… So You Can Show How HR Impact…
FFIEC BSA/AML Examination Manual: What Compliance Officers …
How to Address ISO's New Climate Change Requirements
I-9 Audits: Strengthening Your Immigration Compliance Strat…
Re-imagine Finance & Accounting Made Simple. Three Webinars…
Stay Interviews: A Powerful and Low-Cost Employee Engagemen…
How To Conduct An Internal Harassment And Bullying Investig…
Effective Onboarding: How to Welcome, Engage, and Retain Ne…
Managing Toxic & Other Employees Who Have Attitude Issues
Analytical Method Validation Under Good Laboratory Practic…
Do's and Don'ts of Documenting Employee Behaviour, Performa…
Do's and Don'ts of Giving Effective Feedback for Performanc…
Onboarding New Hires: Leverage the Potential of Artificial …
Project Management for HR, Administrative Professionals, an…
Tattoos, hijabs, piercings, and pink hair: The challenges …
Using Behavior Based Interviewing for Finding the Best Matc…
How to Document Employee Discussions and Why it is Important
Stressed Out: How to Handle Conflict, Difficult People and …
Harassment, Bullying, Gossip, Confrontational and Disruptiv…
Best Practices for Working With Vendors and Suppliers
Understanding the Artificial Intelligence Landscape
Marketing to Medicare or Medicaid Beneficiaries - What You …
Accounting For Non Accountants : Debit, Credits And Financi…
Principles & Practices for the Cybersecurity of Legacy Medi…
Independent Contractor vs. Employee New Rule Issued by The …
Ultimate Persuasion Strategies! - Secret Influence Tools & …
Kicking your Employee Retention Efforts into Overdrive: Sta…