ACH Death Notification Entries (DNEs) & Reclamations: Your Banks Liability

Recorded Session
90 Minutes

Processing federal government ACH payments differs from the Nacha Operating Rules in important ways. This 90-minute webinar on ACH Death Notification Entries (DNEs) and reclamations explains your bank's responsibilities when a benefit recipient dies.

You'll learn what the Green Book is, where to find it, and where it covers DNEs and government reclamations, along with how 31 CFR Part 210 applies. The session walks through handling DNEs, returning federal benefit payments for deceased account holders, the return reason codes to use and the timeframes involved.

Commercial reclamations carry less liability and work very differently, so the session compares the two, using examples drawn from real-life scenarios.

WHY SHOULD YOU ATTEND?

The Nacha Operating Rules still apply to federal government payments, but the Green Book sets exceptions for DNEs and reclamations. Mixing up the two processes can leave your bank liable.

This session suits banking operations managers and staff, compliance, risk and audit professionals, treasury management professionals, banking supervisors and current or aspiring AAPs.

AREA COVERED

  • What the Green Book is and where to find it
  • Where the Green Book covers DNEs and government reclamations
  • How 31 CFR Part 210 applies
  • Handling Death Notification Entries (DNEs)
  • Returning federal benefit payments for deceased account holders, including return reason codes and timeframes
  • Processing and responding to federal government reclamations
  • Handling commercial reclamations, timeframes and returns
  • Differences in bank liability for commercial vs government reclamations

LEARNING OBJECTIVES

  • Process Death Notification Entries correctly
  • Meet timeframes for returning ACH entries when account holders die
  • Choose the right return reason codes for federal benefit payments
  • Process and respond to federal government reclamations on time
  • Explain the differences between commercial and government reclamations

WHO WILL BENEFIT?

  • Banking operations managers and staff
  • Compliance and risk professionals
  • Treasury management professionals
  • Aspiring and current AAP's (Accredited ACH professionals)
  • Banking managers/ Supervisors
  • Audit and compliance personnel / Risk managers

The Nacha Operating Rules still apply to federal government payments, but the Green Book sets exceptions for DNEs and reclamations. Mixing up the two processes can leave your bank liable.

This session suits banking operations managers and staff, compliance, risk and audit professionals, treasury management professionals, banking supervisors and current or aspiring AAPs.

  • What the Green Book is and where to find it
  • Where the Green Book covers DNEs and government reclamations
  • How 31 CFR Part 210 applies
  • Handling Death Notification Entries (DNEs)
  • Returning federal benefit payments for deceased account holders, including return reason codes and timeframes
  • Processing and responding to federal government reclamations
  • Handling commercial reclamations, timeframes and returns
  • Differences in bank liability for commercial vs government reclamations
  • Process Death Notification Entries correctly
  • Meet timeframes for returning ACH entries when account holders die
  • Choose the right return reason codes for federal benefit payments
  • Process and respond to federal government reclamations on time
  • Explain the differences between commercial and government reclamations
  • Banking operations managers and staff
  • Compliance and risk professionals
  • Treasury management professionals
  • Aspiring and current AAP's (Accredited ACH professionals)
  • Banking managers/ Supervisors
  • Audit and compliance personnel / Risk managers
Currency:
Webinar Option
Transcript (PDF Transcript of the Training)
Downloadable Recorded Session
USB

Speaker Profile

ins_img Donna K Olheiser

Donna K Olheiser, AAP, is the vice president of Education Services and founder of Dynamic Mastership, LLC. Donna is an enthusiastic and energetic Certified Master Trainer with over 14 years’ training experience. She has designed and facilitated over 100 training sessions each year with her expertise being the rules for companies and financial institutions when processing specifically ACH electronic payments, then scheduling the training events to facilitate/deliver the material through a variety of venues (webinars, teleseminars, in-person workshops, including regional and national conferences). Donna has over 24 years of experience in the financial services industry which includes 9 years’ experience …

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