Advanced ACH: DNEs and Reclamations

Why Should You Attend:

Processing ACH payments from the Federal Government can be a challenge. Not responding properly to DNE’s (Death Notification Entry) and ACH Treasury Reclamations exposes financial institutions to financial losses, operational risk, compliance risk and legal risk. This session focuses on properly responding to ACH Treasury Reclamations and DNE entries to help mitigate potential losses. Important information about Federal ACH entries will also be discussed. This program is essential for staff responsible for ACH Treasury payments, reclamations and risk management.

This session outlines your responsibilities to the Federal Government if a beneficiary is deceased but still receiving benefit payments. The NACHA Operating Rules still apply when processing these payments but the Green Book outlines the exceptions when handling DNEs (Death Notification Entries) and Federal Government Reclamations.

Learning Objectives:

• Identify additional obligations and requirements of the Green Book beyond the ACH Rules
• Locate the appropriate Chapters of the Green Book for Reclamations and DNEs
• Define Reclamations and DNEs
• Record imperative deadlines and obligations
• Conclude appropriate actions

Areas Covered in the Webinar:

• The Green Book – how to locate, where to find details on DNEs and Government Reclamations
• How and when 31 CFR Part 210 applies
• Processing Death Notification entries
• Time frames for returning ACH entries when account holders are deceased
• Descriptions of Return Reason Codes to use when returning benefit payments
• Processing Federal Government Reclamations, including time frames
• Difference between Commercial and Government Reclamations
• Handling incoming ACH entries on accounts where the beneficiary is deceased

Who Will Benefit:

• Internal Auditors
• Risk Officers
• Compliance Officers
• Compliance Professionals
• Operational Risk professionals
• Operations
• AP/AR
• Audit Committee Members
• Director of Security / Investigators
• Information Security
• Trainers
• Executive Management

Rayleen M Pirnie
CEO, RP Payments Risk Consulting Services LLC

Rayleen M. Pirnie, AAP, 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. Ms. Pirnie’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 has worked with all payment systems for nearly 20 years.

Ms. Pirnie also holds a Bachelor’s of Science in Criminal Justice Administration. Her 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.

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