Description:

When should you use a WSUD? Choose the right ACH stop payment option for each situation.

One of the most common audit findings is errors made with stop payments and Written Statements of Unauthorized Debit (WSUD). You need to understand their unique purposes, attributes, and documentation requirements.

RDFIs carry document retention warranties when processing stops payments or extended returns. There are also critical differences between consumer and non-consumer requests.

You will master the details of handling stop payments and extended returns during our upcoming webinar:

• Stop payments.
• Authorizations
• Recredit obligations, WSUDs, and extended return entries
• Stop payment and WSUD review.

Who Should Attend:

• ACH administrators.
• Operations officers and managers
• Operations staff
• Back-office personnel
• Compliance officers
• Internal and external auditors
• Risk managers
• BSA/AML professionals
• ACH auditors.
• Compliance staff
• Branch managers
• Assistant branch managers
• Bankers
• Tellers
• CTOs
• CISOs
• Information technology managers
• Network administrators
• Security officers