ACH Transactions Risk Management [Ring-bound]

Marge Simmons (Author)

Book Description

Publication Date: 2007

Identify and control your risk with ACH transactions The regulators are concerned that the expanded use of the ACH network and the new relationships that have formed as a result put financial institutions at greater risk. Sheshunoffs new ACH Transactions Risk Management manual will provide you with the resources and tools you need to ensure that you control your financial institutions ACH risk. You can use the manual to identify and control risk when: Receiving ACH transactions Originating ACH transactions Using the services of a Third-Party Service Provider Originating ACH transactions for a Third-Party Sender In addition, the manual assists you and provides recommendations and suggestions for developing a risk management program, or enhancing your existing risk management controls. The manual also offers sample documents, such as checklists, agreements, policies and procedures, and audit worksheets and reports, which you can customize to reflect your institutions needs. Dont expose your financial institution to potential risk! Without adequate ACH risk management controls in place you expose your institution to: Operating errors that result in potential rules violations Fraudulent file or transaction possibilities Venturing into new areas of ACH processing without proper risk evaluation Harming the financial institutions reputation, and Originating ACH transactions that exceed the financial institutions legal lending limit

Product Details

• Ring-bound
• Publisher: A.S. Pratt (2007)
• ASIN: B00134VSI0

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