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Education

 

Webinar: Federal Government ACH Payments: Reclamations & Garnishments

 

 

Tuesday, August 5, 2014

2:00 - 3:30 pm CST

 

Speaker: Shelly Simpson, EPCOR

 

About the Program

With few exceptions, federal government ACH payments are subject to the same rules as private industry ACH payments. Mishandling these payments can impact your institution and lead to financial losses. This session will explain your responsibilities regarding processing federal government reclamations, including steps to limit liability. It will also review the final rule related to the Garnishment of accounts containing federal benefit payments, detail which payments are exempt from garnishments, and outline associated financial institution responsibilities.

 

HIGHLIGHTS

  • Interpret Chapter 5 – Reclamations of the Green Book to assess financial institution liability
  • Calculate liability related to federal government reclamations
  • Federal benefit payments exempt from garnishment


Related Files
Printable Brochure (Adobe PDF File)

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