The School of General Payments will provide students with the foundational information needed to navigate the world of payments. This school, and its contents, are a NEACH member benefit meaning that all NEACH members can enroll and access content and related materials as a part of being a member of NEACH. Graduates of The School of General Payments will be exposed to key terms and concepts surrounding ACH, Wires, Checks, Cards, and Instant Payments. Topics such as payment process flows, legal framework, introduction to rules, and the ACH rulemaking process will be explored. This program benefits those new to payments or those needing a refresher before diving into more complex concepts. It is a great way to start with NEACH University as you work to further enhance, develop, and progress in your role and career.
Learning Outcomes
• Learners completing the School of General Payments are expected to be able to explain the essential characteristics of each main payment channel.
• Learners should be able to compare the similarities and differences between the various payment channels.
• Learners should be able to identify the primary sources of governance related to each covered payment channel.
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Basic ACH Overview
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ACH Return Process
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ACH Warranties
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ACH Standard Entry Class Codes (SECs)
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ACH Legal Framework
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Government Payments in the ACH network
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ACH Rule-Making Process
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Basic Check Overview
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Check Return Process
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Check Legal Framework
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Deeper Dive into Check Types
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Check Warranties
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Introduction to the Eccho Check Rules
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Basic Wire Transfer Overview (Wires Including Flows and Participants)
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Select the "View On-Demand Recording" button to begin. | 60 minutes
Wire Transfer Origination UCC 4A Provisions You Should Know
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Open to download resource.
Introduction to Instant Payments
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Learn About NEACH Member Benefits
NEACH Member Benefits
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AAP Certificate
5.0 AAP credits | Certificate available
5.0 AAP credits | Certificate available
APRP Certificate
3.5 APRP credits | Certificate available
3.5 APRP credits | Certificate available
Certificate
5.0 NCP credits | Certificate available
5.0 NCP credits | Certificate available