Federal Government 2021 - Federal Government ACH Processing – Recent Changes to the Greenbook

Processing ACH payments from the Federal Government can be challenging! In April 2020 there were updates to 31 CFR Part 210, which meant an update to the Green Book as well. This session will outline those details! Included will be the process for deceased account holders
Processing ACH Federal Government payments differ slightly from the NACHA Operating Rules when it comes to benefit payments and the liability of the RDFI (Receiving Depository Financial Institution).
Recent (2020) UPDATES to 31 CFR Part 210 and the Green Book
Detailed processes on handling Death Notification Entries (DNE’s)
Timeframes to return ACH Entries for deceased accountholders
Speaker:
Donna K Olheiser, AAP, is the vice president of Education Services and founder of Dynamic Mastership, LLC. She is an enthusiastic and energetic Certified Master Trainer with over 14 years’ experience.