Sign for Notice Everyday    Sign Up| Sign In| Link|

Our Sponsors

  • ESTA - Electronic System for Travel Authorization
Receive Latest News

Share Us

Same Day ACH - The Impact to ACH Payments

View: 60

Website | Edit Freely

Category Same Day ACH, ACH Payments, ACH Network, Settlement and Funds Availability, ACH system

Deadline: December 04, 2017 | Date: December 05, 2017

Venue/Country: Online, U.S.A

Updated: 2017-11-14 21:38:27 (GMT+9)

Call For Papers - CFP

Same Day ACH is making payments faster, debits and credits are both in motion as of September 2017 - what is the impact on ACH Payments? Same Day ACH affects not only the billing game (from the Originator's standpoint) and In-House Origination, but also on the Receiver's side, with debits possibly affecting their accounts on the Same day they authorize the Entry. When Originator's utilize Same Day Debits, the authorization language needs to be verified it contains language defining how soon the Receiver's account "could be" affected - the Same Day!

Companies don't thoroughly understand the impact debits can have on sending and receiving ACH transactions. This session will identify and outline the different way that Same Day ACH is impacting the ACH Network as a whole.

Objectives of the Presentation:

Identify Same Day Debits - impact on both the Originator and the ODFI (with in-house Origination)

Describe how the billing game is affected with Same Day ACH with illustrated examples (scenarios)

Define "authorization language" and the key elements pertaining to Same Day debits

Suggest changes to authorization language for Originators including phone authorizations

Outline how the Receiver's account is affected when a debit could post as late at 4:00 m ET

Demonstrate the difference between Settlement and Funds Availability


For Registration:

Note: Use Promo Code HYED6Z and get 10% off on registration (Valid till DECEMBER 31st 2017)

Keywords: Accepted papers list. Acceptance Rate. EI Compendex. Engineering Index. ISTP index. ISI index. Impact Factor.
Disclaimer: ourGlocal is an open academical resource system, which anyone can edit or update. Usually, journal information updated by us, journal managers or others. So the information is old or wrong now. Specially, impact factor is changing every year. Even it was correct when updated, it may have been changed now. So please go to Thomson Reuters to confirm latest value about Journal impact factor.