Details
Knowledge is Power: Preparing for your RDFI Audit
1.8 AAP/APRP Credits
All financial institutions must conduct an annual ACH audit. This session will cover the Nacha Operating Rules’ audit requirements that are specific to the receipt of ACH transactions. We will emphasize areas of high risk to RDFIs including return timeframes, posting and exception processing.
- Posting & funds availability
- Returns, Prenotes, NOCs
- Dispute processing
- Statement reporting
- And much more
This session is ideal for ACH Operations staff, AAP and APRP Candidates, and Audit and Compliance staff.