ACH Policy - epcor.org

ACH Policy This document is intended as a sample only. Edit document to meet the needs of the Financial Institution Gray boxes on this document indicate the Financial Institution should make a Policy decision. All policies should be reviewed by legal counsel prior to approval or implementation. Table of Contents Purpose and Content ..2 Scope ..2 Strategies ..2 Risk Management ..3 Information Technology / Security Risk ..4 ACH Programs and Objectives ..6 Board of Directors Reporting ..6 Compliance Risk .. 7 Credit Risk Management ..9 High-Risk Third-Party Service Provider Risk ..16 Direct Access to the ACH Operator ..17 Transaction Risk ..18 RDFI Operational Risk ..19 ODFI Operational Risk ..25 Approval Date [MM/DD/YY] 1 ACH Policy This document is intended as a sample only.

Scope The Board of Directors of Financial Institution defines the scope of this policy to address all areas of ACH activity, including receipt of ACH transactions (RDFI) and/or origination of ACH transactions

Loading..

Tags:

  Policy, Origination, Ach policy

Information

Related search queries