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Additional RDFI Exceptions for Consumer Transactions

2 Course items

This interactive course reviews RDFI processing options related to handling infrequent ACH exceptions. Review RDFI responsibilities as defined by the ACH Rules for Notifications of Change, Prenotifications, Dishonored/Contested and Corrected Returns, Responding to Commercial Reclamations, Handling Reversals and other RDFI Considerations in order to respond appropriately to limit liability and potential for loss.