Stop Payment Versus Written Statement of Unauthorized Debit (WSUD): Which Is It?

ACH payments are supposed to be automated. However, sometimes manual intervention is required – and it can be confusing! ACH items can be returned as stop payment or unauthorized, but which code is right and does the accountholder need to complete a Written Statement of Unauthorized Debit or an ACH Stop Payment form? This webinar will explore stop payments and unauthorized returns and provide an easy formula for knowing which code and form are correct.

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