IAT Suspect Transactions: What’s an RDFI to Do?
Date: September 13, 2012
Time: 2:00 PM- 3:30 PM CST
Registration Options:
Live Webinar- $200
The
live webinar option allows you to have one telephone connection for the
audio portion and one Internet connection (from a single computer
terminal) to view online visuals as the presentation is delivered. You
may have as many people as you like listen from your office speaker
phone. Registrants receive a toll-free number and pass code that allow
entrance to the seminar. The session will be approximately 90 minutes,
including question and answer sessions. Seminar materials, including
instructions, PIN number, and handouts will be emailed to you prior to
the broadcast. You will need the most-current version of Adobe Reader
available free at www.adobe.com.
Can’t attend the live webinar? The on-demand web link is a recording of the live event, including audio, visuals, and handouts. We even provide the presenter’s email address so you may ask follow-up questions. Approximately one week prior to the webinar, you will receive an email with the web link. This web link can be viewed anytime 24/7, beginning 6 business days after the webinar and will expire 6 months after the live program date.
As an added bonus, you will also receive a FREE audio/visual CD ROM.* The CD ROM includes the original audio/visual presentation, the question and answer sessions, and the handouts. Use the on-demand link or this “off-the-shelf” training program for those that could not attend the live seminar and for future training.
Both Live Webinar & On-Demand Web Link (Includes Free CD Rom)- $250
Options 1 and 2 described above
Special Registration Option for member credit unions under $20 million- $169
On-demand link only (does not include CD or live webinar)
About:
The International ACH Transactions (IAT) application was introduced into the ACH Network in September 2009. According to NACHA, approximately 29 million IAT transactions were processed in 2011. What percentage of these did your credit union receive? More importantly, did you properly process these entries? This webinar will provide an overview of the IAT rules and highlights the RDFI’s responsibilities when processing IAT entries, including OFAC compliance obligations. In addition, the ACH Rules changes effective September 21, 2012, and March 15, 2013, will be addressed as they relate to IAT processing.
Highlights
- Acceptance of IAT entries, including posting and availability
- 2012 ACH Rules clarification on the effect of illegality
- What information needs to be screened?
- Handling of suspect transactions and when to contact OFAC
- ACH Rules updates related to IAT effective September 21, 2012 and March 15, 2013
*To register for this webinar, CLICK HERE
For more information, please contact Carrie Buchholz at:
(P) 405.702.8622 ext. 215
(E) carrie@cuaok.org
Speakers | |
| Simpson, Shelly | |
|
Shelly Simpson, AAP, joined EPCOR
following an 11-year career with the Federal Reserve Bank of Kansas City. As EPCOR’s Payments Education Assistant
Director, she designs and conducts education programs in support of ACH, cards,
and checks to over 2,300 financial institutions and corporate members. Shelly presents at regional and national
industry conferences as an ACH payments expert and received her Accredited ACH
Professional designation in October 2006.
She holds a Bachelor’s degree in Business Education and is an active
member on the AAP Blue Ribbon Panel and a NACHA Rules Workgroup. | |