Liability with ACH Death Notification Entries (DNEs) & Reclamations

May 9, 2023

Compliance Frontline & New Accounts IRA Operations

Live Webinar:

DateMay 9, 2023Duration90 minutes

12:00 PM PDT01:00 PM MDT

02:00 PM CDT03:00 PM EDT

Unlimited connections for your institution
Available on desktop, mobile & tablet
Take-away toolkit
Presenter’s contact info for questions

On-Demand Webinar:

Unlimited & shareable access starting two business days after live stream
Available on desktop, mobile & tablet devices 24/7
Take-away toolkit
Ability to download webinar video
Presenter's contact info for questions

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Did you know there was a recent revision to the Green Book that altered how to respond to Notices of Reclamation?

Do you know how to comply? And what about liability with Death Notification Entries? Do you know how to avoid it? Further, are you aware of the new mandate to use pay.gov? Join us to gain professional insight on these issues and more.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

Recognize which federal payments are subject to reclamation
Understand your financial institution’s liability for a Notice of Reclamation
Use the new pay.gov portal to respond to a Notice of Reclamation
Explain what to do when a reclamation has an error
Distinguish between actual and constructive knowledge of death

This course is eligible for 1.8 AAP/APRP credits.

WEBINAR DETAILS

Did you know that the Green Book (the federal government’s procedure manual for handling all government payments) just went through a revision that changes the way financial institutions respond to Notices of Reclamation? This revision mandates the use of the pay.gov portal to send payments to the government in response to a Notice of Reclamation. In addition, improper handling of Death Notification Entries (DNEs) and government reclamations can expose financial institutions to potentially significant losses. This session will cover the proper procedures for handling DNEs and ACH government reclamations, including information on accessing pay.gov, to ensure you understand these new requirements.

WHO SHOULD ATTEND?

This informative session is designed for ACH operations personnel, audit and compliance staff, and AAP/APRP candidates.

TAKE-AWAY TOOLKIT

Newly updated government payments quick reference cards
Employee training log
Interactive quiz
PDF of slides and speaker’s contact info for follow-up questions
Attendance certificate provided to self-report CE credits

NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your institution is prohibited. Print materials may be copied for eligible participants only.