Implementing Same Day ACH Debits – Get Ready for September 15!

In September 2016, the industry began originating and receiving Same Day ACH credit payments, and the implementation was relatively smooth for the most part. On September 15, 2017, we are again looking at an ACH Rules change related to Same Day ACH payments, this time debits, and there’s a lot you need to know. Same Day ACH Debits are quite different from Same Day Credits for a variety of reasons; and this session will provide an overview of the Rules change, discuss the inherent risks for both RDFIs and ODFIs and how to manage them;  and provide guidance on handling Same Day ACH returns. You won’t want to miss this session to ensure your organization is ready for Same Day ACH Debits.

MIB and EPCOR will be offering a free webinar on Tuesday, July 18, 2017 at 2:00 pm CST. More details on this webinar will be sent out over CONTROL and in the next eNews. Contact Erin Schwaller (eschwaller@mibanc.com) , VP/Operations Officer for more information.