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TINS Direct Deposit Web-Based Training

Lesson 1: The Direct Deposit Process

Learning Check

The learning check helps you understand key points of the lesson. These scores are not saved but are intended to help you decide if you need to go back and review the lesson before moving on.

At the end of the training, you will take a comprehensive exam covering key information from each of the lessons.

1. How many days does it take a vendor direct deposit payment to post to the payee’s account?
2. The organization that establishes the ACH standards, rules and procedures is:
3. Which TINS screen displays the date the direct deposit payment is issued?
4. The settlement date for bimonthly and monthly payroll payments is determined by state law.
5. The ACH name and acronym that identifies the payee’s financial institution is: