BEGIN:VCALENDAR VERSION:2.0 METHOD:PUBLISH PRODID:-//Telerik Inc.//Sitefinity CMS 13.3//EN BEGIN:VTIMEZONE TZID:Central Standard Time BEGIN:STANDARD DTSTART:20231102T020000 RRULE:FREQ=YEARLY;BYDAY=1SU;BYHOUR=2;BYMINUTE=0;BYMONTH=11 TZNAME:Central Standard Time TZOFFSETFROM:-0500 TZOFFSETTO:-0600 END:STANDARD BEGIN:DAYLIGHT DTSTART:20230301T020000 RRULE:FREQ=YEARLY;BYDAY=2SU;BYHOUR=2;BYMINUTE=0;BYMONTH=3 TZNAME:Central Daylight Time TZOFFSETFROM:-0600 TZOFFSETTO:-0500 END:DAYLIGHT END:VTIMEZONE BEGIN:VEVENT DESCRIPTION:Eight new Nacha rules are coming! \; With effective dates r anging from January 2\, 2021\, to September 17\, 2021\, you&rsquo\;d best be sure you know which rules are effective on which dates and how will the y impact your operations. Get clarity on the changes during this timely we binar.\nLearning Objectives\n\n Understand the new Same Day ACH windows and availability requirements\n Calendar the new timeframes for making ODFI authorization warranty claims\n Properly format a reversal\n D efine a standing authorization\n Recognize the acceptable formats/metho ds for obtaining a consumer&rsquo\;s statement of unauthorized debit\n\nNa cha&rsquo\;s voting membership recently passed eight new amendments to the Nacha Operating Rules that will go into effect in 2021. The new rules inc lude:\n\n A time limit for an RDFI to make a claim against the ODFI&rsq uo\;s authorization warranty &ndash\; effective June 30\, 2021\n Two ru les addressing improper use of reversals &ndash\; effective January 2\, 20 21\, and June 30\, 2021\n A suite of meaningful modernization rules des igned to improve and simplify the ACH user experience &ndash\; effective S eptember 17\, 2021\n\nThe rules are intended to facilitate adopting new te chnologies and channels for the authorization and initiation of ACH paymen ts\, reduce barriers to ACH use\, provide clarity and consistency for cert ain ACH authorization processes\, and reduce some of the ACH authorization administrative burdens. All this is in addition to the changes to Same Da y ACH and account validation rules that were already set to be implemented on March 19\, 2021. This must-attend session will provide clarity about w hat the new rules are\, when you should be ready for them\, and how they w ill impact your financial institution. DTEND:20201119T213000Z DTSTAMP:20240328T204820Z DTSTART:20201119T200000Z LOCATION: SEQUENCE:0 SUMMARY:New 2021 Nacha Rules: Impact\, Analysis & Deadlines UID:RFCALITEM638472377008442375 X-ALT-DESC;FMTTYPE=text/html:
Eight new Nacha rules are coming! \; Wi th effective dates ranging from January 2\, 2021\, to September 17\, 2021\ , you&rsquo\;d best be sure you know which rules are effective on which da tes and how will they impact your operations. Get clarity on the changes d uring this timely webinar.
\nLearning Objectives
\nNacha&rsquo\;s voting membership recently passed eight new ame ndments to the Nacha Operating Rules that will go into effect in 2021. The new rules include:
\nThe rules are intended to facilitate adopting new technologies and ch annels for the authorization and initiation of ACH payments\, reduce barri ers to ACH use\, provide clarity and consistency for certain ACH authoriza tion processes\, and reduce some of the ACH authorization administrative b urdens. All this is in addition to the changes to Same Day ACH and account validation rules that were already set to be implemented on March 19\, 20 21. This must-attend session will provide clarity about what the new rules are\, when you should be ready for them\, and how they will impact your f inancial institution.
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