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R07, R08-Which One Should I Use?

1.8 AAP/APRP Credits

One of the most common ACH audit findings is the incorrect use of return reason codes. Fear not - help is on the way! Stop payments and revocation of authorization can be tricky to decipher. The session will cover:

  • Authorization requirements for ACH;
  • Appropriate revocation;
  • Rules and regulations for stop payments;
  • Processing and returning ACH entries

This session is ideal for ACH Operations, Frontline Staff, Audit & Compliance and AAP Candidates.

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