Digging into Government Payments
Government Payment rules differ from the ACH rules in ways that can affect your financial institutions liability. Do you know how to handle Government Returns, DNEs, or NOCs? Do you understand your liability for government payments posted in error? Instructors in this course provide all the answers to these questions and more. Students also learn about the Federal Government mandate of Direct Deposit for all benefit payments, how the Governments rules differ from the ACH rules, how to enroll an account holder to receive Government payments, and how to handle Governments Reclamations and reports of non-receipt items.