ACH Risk Assessment
Each financial institution is required to 1) perform a risk assessment of their ACH activities, and 2) implement risk management programs in accordance with “the requirements of their regulators". Additionally, financial institutions that originate ACH transactions will be required to make several modifications to any new or renewed agreements with originators or third party senders, and to employ a number of new risk management practices with those parties. You should expect verification of compliance as part of your next ACH Audit and Regulatory Examination.
Our AAP Consultants are trained and experienced in completing ACH Risk Assessments, ACH Audits, RDC Risk Assessments and other consulting services. Schedule your appointment today!
ach Risk Assessment services include:
- Thorough assessment of ACH activities & risk management program
- Formal Written Report including Risk Rating Matrix
- Onsite review period (minimum of 1 full day)
- ACH Volume report for 12 months following the assessment
- Pre-Assessment Worksheet & Checklist
- Review of originator agreements to ensure compliance with new requirements
- Exit interview
- Schedule Risk Assessment with your ACH Audit & RDC Assessment and save up to 15%
- Access to auditor for questions after on-site appointment
Request Service Form
Doing your Risk Assessment internally? Order the GACHA ACH Risk Assessment Guide from the Publications store under Compliance category.
