Why Should You Attend:
As an RDFI are you utilizing the full potential of the return process in the new Same Day environment? You can do Same Day returns without having to pay the 5.2 cent fee for each Same Day entry. Same Day returns do not pay the fee but can receive settlement for the returns as soon as the same day.
The return rules aren’t changing – the difference is that there are now extra windows of opportunity to transmit a return entry earlier on the same day. For example, unable to locate account, account closed, NSF, unauthorized are all reasons an entry can be returned - why not return that entry (that’s on the exception report) on the day it is an exception processing item? Examples of these types of returns and the what ifs are included to differentiate between the returns processed next day and returns processed Same Day.
Areas Covered in the Webinar:
Who Will Benefit:
Physical CD-DVD of recorded session will be despatched after 72 hrs on completion of payment
Recorded video session
Dr. Gina J. Lowdermilk,PhD (ABD), CAMS, CRMS is a highly experienced and educated BSA/AML and Financial Regulatory Compliance professional with extensive policy and procedure development and implementation, training, internal audit, monitoring, risk management, and reporting experience. Her emphasis has been working with financial institutions that are experiencing regulatory concerns and resolutions, including enforcement actions such as memorandums of understanding and cease and desist orders. Her 15 years of experience has given her the opportunity to work from small community banks to large, international financial institutions. Her roles not only included BSA/AML and Compliance, but also operations, lending services, business development, marketing, management, department development, and asset quality.
Ms. Lowdermilk has worked with all of the financial regulators and examiners. She possesses advanced Microsoft Excel, PowerPoint, Word, Internet Explorer, Visio, and Access skills. She also has experience with FiServ, BAM, CRA Wiz, TeamMate, COGNOS, and Metavante banking software. She has been responsible for creating both recurring and ad hoc executive management and board presentations. In addition to her above experience, she is also an adjunct instructor for the business and construction management programs at a local college, as well as writes numerous BSA/AML and Compliance articles, training materials, and manuals as requested from numerous clients.