ACH Basics: Part 1


Presented by:
Rayleen Pirnie

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This three-part webinar series provides with ACH essentials. Designed specifically for financial institutions, each session builds off the last.

Part 1 guides attendees through the life of an ACH transaction, including how ACH credits and debits are processed, and explains who the network participants are. It will also explore the involvement of third parties in the ACH Network, and the risks they present to your bank. The program will also help attendees understand special codes called Standard Entry Class Codes (SECs) used for transactions in the ACH Network. This webinar will also discuss other laws and regulations that apply and will highlight critical processing requirements that can reduce the bank's exposure to risk. It will also explore the most common violations for some SECs to help your bank avoid problems.

In addition to course materials, attendees will receive a free Quick Reference Guide for Standard Entry Class Codes.

Note: Have your 2017 NACHA Operating Rules and Guidelines book (aka, ACH Rules) handy! If you do not have an ACH Rules book, please contact your regional payments association, or order from The instructor will be providing page numbers for your reference throughout the program, so you might want a highlighter handy as well.

This course is recommended for bank staff who are new to ACH and those studying for the Accredited ACH Professional (AAP) Exam.

Attendees will be able to:
  • Recognize an ACH transaction flow
  • Identify ACH Network participants, including Third-Parties
  • Locate Standard Entry Class Code (transaction) Rules in the ACH Rules book
  • Record common areas of ACH rules violations
  • Define the correct SEC to use, through instructor-provided scenarios
  • Demonstrate your new knowledge by successfully completing the course exam
  • ACH Rules Book Basics
    • OR vs. OG
  • ACH Credit transaction flow
  • ACH Debit transaction flow
  • Review ACH Network Participants
  • Identify Third-Parties that can be involved in a transaction
    • Locate appropriate resources in the ACH Rules Book
    • Third-Party Sender vs. Third-Party Service Provider - what's the difference?
    • Managing risk through strong service contracts
  • Rules and Regulations governing ACH Transactions
  • Locate appropriate resources in the ACH Rules Book
  • Define, provide examples of, and discuss ACH Standard Entry Class Codes. Discussion to include unique requirements, risks, applicable laws/regs, and common violations of the Rules.
    • Automated Accounting Advice - ADV
    • Accounts Receivable Check - ARC
    • Acknowledgements - ACK, ATX
    • Back Office Conversion - BOC
    • Customer-Initiated Entries - CIE
    • Corporate Credit or Debit - CCD
    • Correction (NOC) - COR
    • Corporate Trade Exchange - CTX
    • Death Notification Entry - DNE
    • Automated Enrollment Entries - ENR
    • International ACH Transaction - IAT
      • Include IAT resources
    • Machine Transfer Entry - MTE
    • Point of Purchase Entry - POP
    • Point of Sale Entry, Shared - POS, SHR
    • Prearranged Payment and Deposit Entry - PPD
    • Represented Check Entry - RCK
    • Telephone Initiated Entry - TEL
    • Truncated Checks - TRC and TRX
    • Internet Initiated Entry - WEB
    • Destroyed Check Entries - XCK
  • Scenarios
  • Course Exam
Who Should Attend: This informative session is designed for anyone in the institution who is new to the ACH Network including Operations, Auditors, and those responsible for ACH Compliance. It's also a great basics course for those studying for the Accredited ACH Professional (AAP) Exam.

About the Speaker: Rayleen is the founder and owner of RP Payments Risk Consulting Services, LLC. based in Missouri. She is a nationally recognized payments risk and fraud expert who offers specialized consulting services, procedural and risk management reviews, and payments education. Rayleen's specialized skill is delving into the world beyond the payment rules; areas where organizations often find themselves in positions of liability or loss with little to no clear guidance. She is an Accredited ACH Professional (AAP) who has worked with all payment systems for nearly 20 years. Rayleen holds a Bachelor's of Science in Criminal Justice Administration.

Rayleen's educational programs provide real-world, actionable information for financial institutions and businesses on topics ranging from payments risk management to information security. She authors payments risk and fraud blogs geared toward helping organizations recognize threats and protect themselves from loss.

Rayleen has had the honor of presenting programs at some very notable conferences, including the 2015 NACHA Payments Conference, The Institute of Criminal Justice Studies, the Federal Reserve Bank of Kansas City Risk Management Conference, and the American Bankers Association Risk Management Forum, to name just a few.

This program was recorded in its entirety in April 2017. The CD-ROM includes program slides, materials (if available) and follow-up Q & A document.

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  • Model: cd_achpartone0417
  • Manufactured by: Glia Group, Inc.

This product was added to our catalog on Thursday 02 February, 2017.

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