Type:
Webinar
Duration:
60 minutes
Member Fee:
$129 per phone line
Non-Member Fee:
$229 per phone line
Audience:
AAP Candidates, ACH Personnel, Payments Personnel, Senior Payments Personnel, Audit, AAPs, Operations, Compliance, General ACH, Risk
Third-Party Service Providers continue to play increasingly larger and more complex roles in the processing of ACH transactions. The ACH Rules have definitions for various types of Third- Party Service Providers and financial institutions must understand and properly categorize the roles of all parties to a particular transaction. This session will explain the definitions for Third-Party Service Providers acting as Sending/Receiving Points, Third-Party Senders, and Direct Access relationships and address registration for Third-Party Senders and Direct Access Debit Participant status.