Webinar: Liability with ACH Death Notification Entries (DNEs) & Reclamations
May 9, 2023 3:00 pm - 4:30 pm
Did you know there was a recent revision to the Green Book that altered how to respond to Notices of Reclamation?
Do you know how to comply? And what about liability with Death Notification Entries? Do you know how to avoid it? Further, are you aware of the new mandate to use pay.gov? Join us to gain professional insight on these issues and more.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Recognize which federal payments are subject to reclamation
- Understand your financial institution’s liability for a Notice of Reclamation
- Use the new pay.gov portal to respond to a Notice of Reclamation
- Explain what to do when a reclamation has an error
- Distinguish between actual and constructive knowledge of death
WEBINAR DETAILS
Did you know that the Green Book (the federal government’s procedure manual for handling all government payments) just went through a revision that changes the way financial institutions respond to Notices of Reclamation? This revision mandates the use of the pay.gov portal to send payments to the government in response to a Notice of Reclamation. In addition, improper handling of Death Notification Entries (DNEs) and government reclamations can expose financial institutions to potentially significant losses. This session will cover the proper procedures for handling DNEs and ACH government reclamations, including information on accessing pay.gov, to ensure you understand these new requirements.
WHO SHOULD ATTEND?
This informative session is designed for ACH operations personnel, audit and compliance staff, and AAP/APRP candidates.
TAKE-AWAY TOOLKIT
- Newly updated government payments quick reference cards
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits
Speaker: Michele Barlow, MACHA/PAR
Michele Barlow is the Senior Vice President at Macha/PAR (Everything Payments, Everywhere), a payments association with offices in Wisconsin and Maryland. She is responsible for development and execution of association training and certification programs, conference and event planning, and member service. Michele is a past member of Nacha’s Blue Ribbon Panel and a current member of the Payments Institute’s Board of Regents and the APRP Oversight Panel. She is active on other national committees, and a frequent speaker at industry events.
Prior to joining Macha in 2009, Michele was a corporate trainer for a financial institution. She obtained her AAP and NCP certifications in 2010 and 2011 respectively and has been granted the APRP designation. She holds a bachelor’s from the University of Wisconsin.