Discover the Impact of SDA (Same Day ACH) with Changes in 2021


Donna K Olheiser, AAP,  is Keynote Speaker at ComplianceKey and she is the vice president of Education Services and founder of Dynamic Mastership, LLC.;and holds the Accredited ACH Professional (AAP) designation (achieved in 2004). She is an enthusiastic and energetic Certified Master Trainer with over 14 year's 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 electronic (specifically ACH) payments, then scheduling the events to facilitate and deliver the materi........

Overview

With SDA fully implemented and due to a recently approved amendment to the Rules, SDA is expanding with a third window for processing SDA transactions and the dollar limit is increasing for a single SDA transaction. History for Same Day ACH (SDA); it was implemented in three phases, beginning Sept of 2016 and ending in March 2018.  With this new option in the ACH Network it gave the Originator and ODFI an opportunity to send and settle payments on the same day for a small fee.  The newly approved amendments to the Rules impact Originators, ODFI's and RDFI's - this session will outline the benefits (possibilities) and impacts that these changes bring to ACH operations (processing).

Why should you attend this webinar?

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? This session will outline the upcoming changes and identify the impacts for the Originator, the ODFI and the RDFI.

Another change taking place with 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. 
Discussion during this session will include the impacts 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, for the RDFI, details on how the change to the funds availability (already in effect) for both SDA and non-SDA entries will affect posting and making funds available and ensuring compliance with the changes to the NACHA Operating Rules.  

Areas Covered in the Session:

  • Outline the timing with adding the third processing window for SDA Entries
  • Identify the impacts to the participants with this new amendment on expanding SDA
  • List the possibilities that become available with the increase in dollar limit for a single SDA Entry
  • Define the process involved with adding an additional processing window for SDA when it comes to procedures, more possibilities, and Rules compliance
  • Provide timing for the RDFI to follow with the "faster" funds availability for both SDA and non-SDA Entries with this recently adopted Rules change
  • Describe the potential impact to exception processing with the changes to Same Day ACH

Who can Benefit:

  • ACH Operations staff (new and seasoned professionals)
  • Banking Operations Managers and Staff
  • Compliance and Risk Professionals
  • Treasury Management Professionals
  • Aspiring and Current AAPs (Accredited ACH Professionals)
  • Originating Companies (Business Owners)
  • Banking Managers/ Supervisors
  • ACH Audit Personnel
  • Financial Institutions
  • ACH Operations Departments



Webinar Id: CKDKO001

Training Options:

Duration: 90 mins

  05-Oct-2020

 10:00 A.M PT | 01:00 P.M ET

 Single Attendee: [Only for one participant]

$139 (Live)                    $254 (Live + Recorded)

 Multiple Attendee: [For a group of 2-5 participants]

$363 (Live)                    $707 (Live + Recorded)

 Corporate Attendee: [For a group of 6-10 Participants]

$721 (Live)                    $1335 (Live + Recorded)

 Recorded: [Six month unlimited access]

$189 (Single Attendee) $409 (Unlimited Attendee)

Refund Policy
Past Webinar of Donna K Olheiser
2020/2021 New NACHA Rules Chan....
Presenter: Donna K Olheiser
6 months unlimited
Price: $241
ACH Exception Processing - All....
Presenter: Donna K Olheiser
6 months unlimited
Price: $167

More Webinar

Pay Pal Logo   PayPal Verified Logo   GoDaddy Certified
Copyright © 2020 Compliance Key . All Rights Reserved. Back to Top