This 90-minute session will focus on how when debits are added, and the impact this may have on ACH Processing – for the RDFI and the Receiver. Authorization language – the impact it has on Same Day Debits. On the Receiver side, If I authorize a payment today, or use the ACH card today, legacy ACH would debit my account tomorrow (at the earliest), as debits are next day. Things are different now – with Same Day Debits (now in effect), this debit could hit my account today (Same Day)? From the RDFI perspective, what if Receiver’s account is negative when that late afternoon file is received with Same Day Debits? Would this change the return process, how will this be communicated to the Receiver (the RDFI’s account holder)?Same Day debits are here NOW! Focus being on the debits, and the impact this will have on ACH Processing -- for example, when a consumer authorizes a payment, (doesn’t matter how, the internet, an ACH Card, writing a check, over the telephone providing checking account information. The card-holder is accustomed to “next-day” debits, it’s always been that way, authorize today – debit tomorrow (even if I selected today as the authorization or payment date) – but NOW, it can be the Same Day! Same Day ACH Phase 2 (September 2017) depending on the time of day when the authorization takes place and when the company processes the payments, this debit could hit my account today (Same Day)? How do we educate the Receiver, our account holders? – To know their account transactions could be changing!Learning ObjectivesDescribe how Debit Same Day ACH Entries are processed in the new environment starting Sept 2017Outline the benefits for the Originator to utilize Same Day ACH for their debit processingDefine the Return process that is available Same Day without paying the 5.2 cent Same Day feeIdentify the different types of debit transactions that can benefit from Same Day processingDescribe how the Receiver could be affected by the Same Day debit transactionsIllustrate how the RDFI can help the Receiver understand how their accounts can be affected by Same Day debitsWho Should AttendACH Operations staffCompliance OfficersThird-Party Payment ProcessorsThird-Party SendersACH ManagersElectronic Payments ProfessionalsAAP’s – keeping up with changes in ACH Rules and wanting to earn AAP Continuing Education CreditsAnyone who wishes to enhance their knowledge of the new rules