Start Date: 9/3/2024 9:00 AM MDT
End Date: 9/3/2024 10:30 AM MDT
Location:
United States
The federal government operates by their own set of rules for ACH payments. Therefore, improper handling of DNEs, government reclamations, and garnishments can expose financial institutions to potentially significant dollar losses.
This session will cover the proper procedures for handling ACH government reclamations and the garnishment of accounts receiving federal ACH benefit payments. It will provide insight into how federal government payment rules differ from ACH rules and provide peace of mind that you will have all the right answers when questions arise.