Description

Every ODFI is required by the Nacha Operating Rules to perform proper due diligence on all of its Originators and Third-Party Senders to ensure compliance with the Rules. In addition, the ODFI must also:

• Assess nature of ACH activity and the risks the activity presents;
• Establish, implement, and periodically review the exposure limit; and
• Establish and implement procedures to:
• monitor the origination and return activity across multiple settlement dates;
• enforce restrictions within origination agreement regarding approved entries; and enforce the exposure limit
  
  Join us as we review best practices for each of these requirements.

Member Pricing: $199

AAP/APRP credits: 1.2

This session is included with Platinum Training Club Memberships