Details
Knowledge is Power: Preparing for your ODFI Audit
1.8 AAP/APRP Credits
If your financial institution originates ACH entries, your annual ACH audit expands to include your role as an Originating Depository Financial Institution (ODFIs). This session will focus on the Nacha Operating Rules audit requirements and guidelines specific to ODFIs to include:
- Originator obligations
- Exposure limits
- Risk Management
- Returns & NOCs
- Data security
- Examples of area of non-compliance
This session is ideal for ACH Operations staff, AAP and APRP Candidates, and Audit and Compliance staff.