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ACH Network Fundamentals


Date 11:25 AM - 12:25 PM (1 hour)
Tuesday, September 26
Accreditation Prep (AAP, APRP, AFPP)
Payment Networks
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This course introduces students to the ACH Network and ACH payments. The instructor reviews the Network's functionality to support payments and information, its key attributes, and funds flow for debit and credit entries. Students learn how Standard Entry Class (SEC) Codes determine the rules and requirements of a payment, consumer and corporate payments and non-payment entries and participant roles and responsibilities.