Dates of Event & Pricing

$295 for Webinar and Playback*

*Playback has no expiration.

  • Thursday, September 12, 2024

  • 2:00 – 3:00 pm (Eastern Time)

  • 1:00 – 2:00 pm (Central Time)

  • 12:00 – 1:00 pm (Mountain Time)

  • 11:00 – 12:00 pm (Pacific Time)

Curriculum

Many financial institutions struggle with effectively setting exposure limits for ACH and RDC clients. This session covers exposure as defined by NACHA Rules, understanding what type of calculation works best, and best business practices for avoiding setting limits too high or too low. This webinar also takes attendees through best business practices for handling temporary over-limits and how permanent limit changes should be handled based on network rules, regulatory requirements and best business practices.

Topics include:

  • ACH and RDC exposure limit network and regulatory requirements
  • Examples of calculating exposure for ACH and RDC customers
  • Best practices for handling temporary and permanent limit increases
  • Audit traps to avoid when setting and increasing limits


BONUS MATERIAL: Best Practice Document Included

Best business practice document for credit, transactional underwriting, documenting over-limit activity, performing periodic reviews and reporting high risk activity to the board of directors or designated committee.

Who Should Attend:

  • Account Officers
  • Relationship Managers
  • Treasury Managers
  • Payments Professionals
  • Electronic Banking Management/Staff
  • Deposit Operations Management/Staff
  • Risk Management
  • Internal Auditors
  • Compliance Management/Staff
  • Senior Management 
 

Instructor

Secura Risk Management / Founder Terri Sands

Throughout her career, Terri has served as a leader in the payments and fraud prevention industry, providing education, risk management and compliance consulting and support services geared toward the specific needs of financial organizations. Terri is an Advanced Certified Anti-Money Laundering Specialist, an At-Risk Adult Crime Specialist and an Accredited ACH Professional. Prior to founding Secura, Terri served as co-founder of Payments Information Circle (PIC), a service organization providing payments industry education, auditing, consulting, resources, and support services to financial organizations throughout the country. Prior to her work at PIC, Terri also served as the President of GACHA, a non-profit, regional payments association where she provided strategic direction for financial institutions in the payments industry. Terri began her career in payments as a Senior Analyst with the Federal Reserve Bank of Atlanta where she provided training throughout the Sixth District and served on the Federal Reserve ACH Conversion Team that consolidated ACH Services for all branch locations in the Sixth District.

Credits

1.0 CPE Credits & 1.2 AAP Credits