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ACH Government Payment Processing – Handling Death Notification Entries (DNEs) and Reclamations

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Start Date: 2021-03-10
End Date: 2021-03-10
Time: 9:00 am to 12:00 pm

Phone: +1-888-717-2436

Location: 6201 America Center Drive Suite 240 San Jose, CA 95002, USA

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Description

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 each one. Examples used throughout the session will apply the rules discusses to help bring the details to life.

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Organized by :  Complianceonline

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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 government reclamations. Commercial reclamations differ from federal government reclamations; the speaker will cover the difference between the two.