{"product_id":"understanding-automated-clearinghouse-ach","title":"Understanding Automated Clearing House ACH","description":"\u003cdiv class=\"ebsi-team-licence-note\"\u003e\u003cp\u003e\u003cstrong\u003eBuying for a team?\u003c\/strong\u003e\u003cbr\u003eChoose 5 or 10 licences to purchase access for multiple learners at a reduced per-person rate. After purchase, eBSI will contact you to confirm the learner details and arrange course access for each participant.\u003c\/p\u003e\u003c\/div\u003e\n\u003c!-- ebsi-sales-wrapper --\u003e\u003cdiv class=\"ebsi-sales-wrapper\"\u003e\n\u003cp\u003e\u003cstrong\u003eDevelop practical knowledge and confidence in Understanding Automated Clearing House ACH.\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eThis course will introduce the learner to the use and purpose of the Automated Clearinghouse (ACH). Additionally, the course will discuss the particular roles and duties of participants and users inside the ACH system. Upon completion of this course, the learner will have a solid understanding of:\u003c\/p\u003e\n\u003ch3\u003eWhy this course matters\u003c\/h3\u003e\n\u003cp\u003eThis course turns the subject into practical, structured learning you can apply in real business and workplace situations. It is designed to help you move beyond definitions and understand how the ideas, tools and decisions covered in the course fit together.\u003c\/p\u003e\n\u003ch3\u003eWhat you will gain\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003eBuild a practical understanding of the key concepts covered in Understanding Automated Clearing House ACH.\u003c\/li\u003e\n\u003cli\u003eRecognise where the topic applies in real workplace or business situations.\u003c\/li\u003e\n\u003cli\u003eApply the methods and good-practice approaches covered in the course with greater confidence.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch3\u003eWho is this course for?\u003c\/h3\u003e\n\u003cp\u003eThis course is suitable for professionals, managers, business owners and learners who want practical knowledge they can apply in real workplace situations.\u003c\/p\u003e\n\u003ch3\u003eCourse at a glance\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003eStudy time:\u003c\/strong\u003e approximately 1 hour.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eFormat:\u003c\/strong\u003e self-paced online learning.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eProfessional development:\u003c\/strong\u003e CPD course.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cp\u003e\u003cspan style=\"text-decoration: underline;\" data-mce-style=\"text-decoration: underline;\"\u003e\u003cstrong\u003eCourse Description\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003eSeat Time: 1hr - Desc:\u003c\/p\u003e\n\u003cp\u003eThis course will introduce the learner to the use and purpose of the Automated Clearinghouse (ACH). Additionally, the course will discuss the particular roles and duties of participants and users inside the ACH system. Upon completion of this course, the learner will have a solid understanding of:\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003eBank Secrecy Act (BSA) requirements.\u003c\/li\u003e\n\u003cli\u003eRisk management.\u003c\/li\u003e\n\u003cli\u003eInternational ACH Transactions (IAT).\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch5\u003e\u003cu\u003e\u003cstrong\u003eCourse Topics\u003c\/strong\u003e\u003c\/u\u003e\u003c\/h5\u003e\n\u003cp\u003e\u003cstrong\u003eT1. ACH:\u003c\/strong\u003e This topic will explain the use and purpose of the Automated Clearing House (ACH), which has allowed companies to transfer a wide variety of funds safely, dependably, and conveniently for many years, and will provide information on electronic funds transfers, Federal Reserve Wire Transfers, and more.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eT2. The ACH System:\u003c\/strong\u003e This topic will discuss the particular roles and duties of participants and users inside the Automated Clearing House (ACH) system, such as originators, receivers, ODFIs, RDFIs, and more.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eT3. BSA and ACH:\u003c\/strong\u003e This topic will familiarize the learner with Bank Secrecy Act (BSA) requirements of the Automated Clearing House (ACH) and all U.S. financial institutions in terms of maintaining specific records and reporting specific transactions in an effort to minimize money laundering and terrorist financing.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eT4. Risk Management:\u003c\/strong\u003e This topic will explore how increases in activity and the potential for over-automation result in fewer opportunities for reviews of transactions, translating into higher degrees of risk for financial institutions.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eT5. International ACH Transactions (IATs):\u003c\/strong\u003e This topic will explain International ACH Transactions (IAT), how they are identified and formatted, how a financial institution is involved in one, and other information.\u003c\/p\u003e\n\u003c!-- ebsi-cross-sell --\u003e\u003cdiv class=\"ebsi-cross-sell\"\u003e\n\u003ch3\u003eContinue your learning\u003c\/h3\u003e\n\u003cp\u003e\u003cstrong\u003ePart of this learning pathway:\u003c\/strong\u003e \u003ca href=\"\/collections\/bankers-academy-compliance-regulatory\"\u003eCompliance \u0026amp; Regulatory\u003c\/a\u003e\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c!-- ebsi-academy-breadcrumb --\u003e\n\u003chr\u003e\u003cdiv class=\"ebsi-course-pathway\"\u003e\n\u003cp\u003e\u003cstrong\u003eCourse pathway:\u003c\/strong\u003e \u003ca href=\"\/pages\/welcome-to-ebsi-banking-academy\"\u003eeBSI Banking Academy\u003c\/a\u003e \u0026gt; \u003ca href=\"\/collections\/bankers-academy-compliance-regulatory\"\u003eCompliance \u0026amp; Regulatory\u003c\/a\u003e \u0026gt; Understanding Automated Clearing House ACH\u003c\/p\u003e\n\u003cp\u003eExplore more \u003ca href=\"\/collections\/bankers-academy-compliance-regulatory\"\u003eCompliance \u0026amp; Regulatory\u003c\/a\u003e training or return to the \u003ca href=\"\/pages\/welcome-to-ebsi-banking-academy\"\u003eeBSI Banking Academy\u003c\/a\u003e.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Bankers Academy","offers":[{"title":"Individual Licence (EUR 60)","offer_id":40866780840114,"sku":"BA-166","price":66.0,"currency_code":"USD","in_stock":true},{"title":"5 Licences (EUR 50 each)","offer_id":59260502376796,"sku":null,"price":275.0,"currency_code":"USD","in_stock":true},{"title":"10 Licences (EUR 40 each)","offer_id":59260502409564,"sku":null,"price":440.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0077\/7604\/3071\/products\/BA-166UnderstandingAutomatedClearingHouseACHCOVER.png?v=1633408749","url":"https:\/\/www.ebsiamericas.com\/products\/understanding-automated-clearinghouse-ach","provider":"eBSI Export Academy","version":"1.0","type":"link"}