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Operations
Operations

Intermediate Operations: Clearing

Overview
Type Scheduled Virtual
topic
Topic Operations
assignment
Level Intermediate
Duration 12 hours over 3 days
Language English
Special Offer This course is eligible for our early bird discount.
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An efficient clearing process can have a positive impact on the financial health of your organization. Join us for this virtual course where you’ll receive guidance and discover best practices for submitting financial information to BASE II for clearing and processing transactions cleared by BASE II. 

During this course, you’ll identify the areas in the clearing process where errors can occur and explain how to handle the process properly. You’ll also discuss Edit Package options that are essential for effective clearing and gain a stronger understanding of currency conversion for cross-border transactions.  

Through group activities and case studies, you’ll gain practical experience in efficient processing of BASE II files and performing currency conversion. You’ll emerge from this course with an appreciation of the financial importance of efficient clearing in the transaction process.


Key topics:

  • Overview of the clearing system  

  • Optimizing the clearing process  

  • Currency conversion  

Who should attend:

  • Staff who are in the clearing and settlement departments and who are familiar with BASE II processing, VisaNet Settlement Service (VSS) reports and reconciliation, and Visa charges (minimum of six month’s experience is ideal)  

  • Card center managers  

  • Staff who are responsible for financial management and reconciliation for payments business  

Important notes:

  • All course sessions are listed in Pacific Time (PT).  To convert to your time zone, click the clock icon next to the session listing. 

  • Pre-work and daily work will be provided for you to download. 

  • Enrollment closes one business day prior to the session start date for virtual courses. You will not be able to enroll in a virtual course on the day of the session.

  • Register for any virtual course at least six weeks in advance and receive a 15% discount. Enter the code Save15 at checkout to receive this offer. 


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