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Pandemic, Technology, Written Statements of Unauthorized Debits

1.8 AAP/APRP Credits

The COVID-19 emergency revealed some of the issues and confusion with requiring inked signatures on documents. The ACH Network has responded by updating the rules for Written Statements of Unauthorized Debits. Effective September 17, 2021, the Nacha Operating Rules will clarify and make explicit that an RDFI may obtain a consumer’s Written Statement of Unauthorized Debit electronically or orally.

This session will detail:

  • All methods of accepting Written Statements of Authorized Debits
  • Acceptable methods for signatures
  • Ensuring authentication of the Consumer
  • Record retention and reproduction

Who should attend: This session is ideal for ACH Operations, AAP Candidates, and Audit & Compliance staff.

Enroll now

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