Webinar: Proper Handling of Government Reclamations & Garnishments
September 3, 2024 3:00 pm - 4:30 pm
There are ACH rules and then there are the government’s ACH rules
Do you know the differences? Are you properly managing government ACH reclamations and garnishments on accounts depositing federal benefits via ACH? What about Death Notification Entries? Join us to learn how federal government rules differ from ACH rules and how missteps can cause considerable losses for your institution.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Understand the ACH rules followed by the federal government
- Explain the purpose of a Death Notification Entry (DNE)
- Identify when garnishment is allowed for accounts receiving federal government benefit payments
- Explain which return reason code to use after death
- Describe the difference between full and limited liability
WEBINAR DETAILS
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.
WHO SHOULD ATTEND?
This informative session is designed for ACH operations staff, AAP and APRP candidates, and audit and compliance staff.
TAKE-AWAY TOOLKIT
- Government payments quick reference cards (electronic)
- 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 L. 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.