How to Complete Your ACH Audit - The Ins and Outs of ACH Rule Compliance

This training program will help attendees identify the details of the ACH audit for the ODFI. It will outline audit requirements for third-party senders, including the new requirement for registration with NACHA. It will also provide tips to help the auditor performing the annual ACH audit ensure compliance with the NACHA Operating Rules.

Why Should You Attend:

The NACHA Operating Rules and Guidelines require that all participating depository financial institutions, third-party senders and third-party service providers that provide ACH services conduct an annual ACH audit to be performed by December 31 of each year (ACH Rules, Appendix Eight, Section 8.1). By each participant performing the annual ACH audit, this helps ensure that electronic payments work safely and efficiently for all users. Attend this webinar to gain an understanding of general audit requirements, the functions of a receiving depository financial institution (RDFI), and also for an originating depository financial institution (ODFI).