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Understanding International ACH
- International ACH – what is it?
- Customer benefits and value proposition
- Payment types
- When to use International ACH vs. wires
- How it works – process flow
- Differences between US ACH and International ACH
- International Payments Framework Association (IPFA) – what is it and how does it address International ACH issues.
- IAT (International ACH Transaction)
Overview of the webinar
This webinar will explain the concept of International ACH, how it works, the rationale for choosing it and how it differs from US domestic ACH. It will also discuss what the International Payments Framework Association (IPFA) is and how it addresses International ACH issues. The instructor will cover customer benefits and value proposition regarding International ACH and why it may be preferred over wire transfers.
Who should attend?
- Bank/credit union payment professionals
- Product Managers
- Treasury Management Sales
- Corporate Treasurer
Why should you attend?
There are many ways of making payments internationally. International ACH is one that is often not understood but can be very advantageous for efficiently and cost-effectively making payments to other countries.
This webinar will explain what International ACH is, how it works and more about an organization that is creating global standards to make it even easier. It will discuss the rationale for choosing International ACH and how it differs from US domestic ACH.
This webinar will explain what International ACH is, how it works and more about an organization that is creating global standards to make it even easier. It will discuss the rationale for choosing International ACH and how it differs from US domestic ACH.
Faculty - Ms.Jane Hennessy
Jane Hennessy was Head of External Alliances for 3 years at G2 Web Services, headquartered in Bellevue, Washington. G2 Web Services is a technology and services company that helps banks, processors and their partners ensure safer and more profitable commerce. Jane was previously Executive Vice President and Manager, Marketing, Strategy and Information Management, Cross-sell and International Personal Banking in the International Group, Wells Fargo Bank, N.A. Her responsibilities included marketing and strategy for all lines of international business including trade services and trade finance, foreign exchange, correspondent banking, international treasury management, international personal banking. Prior to that position, Jane was a Group Personnel Manager in Wells Fargo’s Wholesale Banking Group. She worked at Wells Fargo for nearly twenty-two years. Jane has consulted for banks, payment organizations and Fintech companies. She is on the Board of Directors of Oak Financial Software Corp. and a member of the NACHA Payments Innovation Alliance. She has spoken extensively at conferences on topics including international payments, business customer risk, authentication and retail banking. Jane has an MBA from the University of Santa Clara, and MA and BA degrees from Michigan State University.