2018 NACHA Operating Rules: An Update on Changes Ahead

Same Day ACH ranks among the biggest changes the ACH network has seen. This 90-minute Nacha rules update covers its last implementation phase and how it affects financial institutions and Originators processing payments with faster settlement.

You'll review the funds availability requirements for Same Day ACH credits in that final phase, and the ODFI's responsibilities under the third-party sender (TPS) registration requirement.

The session also covers other regulatory changes, including the Federal Reserve Board's amendments to Regulation CC on funds availability and check collection, as well as Nacha's Requests for Comment on expanding Same Day ACH and a Request for Information on expanding the ACH Network.

• Explain the funds availability requirements for the final phase of Same Day ACH
• Describe the ODFI's compliance duties for third-party sender registration
• Summarize the Regulation CC amendments
• Understand the proposals Nacha sought comment on

• Funds availability requirements for Same Day ACH credits in the final implementation phase
• Third-party sender registration and ODFI compliance requirements
• Regulation CC (Availability of Funds and Collection of Checks) amendments
• Nacha Requests for Comment on proposed rules to expand Same Day ACH
• Nacha Request for Information on expanding the ACH Network

Participants in the ACH network are responsible for complying with the Rules as they change. This session explains what these changes mean for you and your institution.

It suits ACH operations staff and managers, compliance officers and auditors, electronic payments professionals, AAPs seeking continuing education and anyone who wants to understand the rules.

• ACH Operations staff
• Compliance Officers (Auditors)
• ACH Managers
• Electronic Payments Professionals
• AAP’s – keeping up with changes in ACH Rules and wanting to earn AAP Continuing Education Credits
• Anyone who wishes to enhance their knowledge of the new rules

Donna K Olheiser, AAP, is the vice president of Education Services and founder of Dynamic Mastership, LLC. Donna is an enthusiastic and energetic Certified Master Trainer with over 14 years’ training experience. She has designed and facilitated over 100 training sessions each year with her expertise being the rules for companies and financial institutions when processing specifically ACH electronic payments, then scheduling the training events to facilitate/deliver the material through a variety of venues (webinars, teleseminars, in-person workshops, including regional and national conferences). Donna has over 24 years of experience in the financial services industry which includes 9 years’ experience as the education service director at a Regional Payments Association (RPA), where she managed and facilitated the entire education program for nearly 800 financial institution members. Prior to that, Ms. Olheiser spent 14 years in various departments with the Federal Reserve Bank of Minneapolis and also holds the Accredited ACH Professional (AAP) designation (achieved in 2004).