SWACHA SERVICES CORPORATION
Are you in Compliance with ACH Rules?
The NACHA operating rules require that an audit of compliance be conducted annually by all participating Financial Institutions and Third-Party Service providers,
Is all of your ACH processing risk identified?
The NACHA Risk Management and Assessment rule requires that all Participating Financial Institutions conduct a risk assessment of their ACH activities and implement risk management programs based on the results of such assessments, in accordance with the requirements of their regulator( s).
ACH Audit
SWACHA
Services Corporation
SWACHA Services Corporation offers comprehensive ACH Rule Compliance Audit and Risk Assessment services in accordance with the NACHA rules.
Each aspect of your ACH Operation will be reviewed and evaluated according to the NACHA ACH Rules Appendix Eight requirements. Our Audit Services include:
• Onsite review of your compliance with Appendix Eight of the ACH Operating Rules
• A report of the findings and an assessment of your compliance with the Rules including any deficiencies observed
• Recommendations for improving compliance with the Rules, if needed to monitor and mitigate risk. Our Risk Assessment Services include:
• Review and evaluation of the credit-risk controls and underwriting standards of existing ACH origination customers
• Review and assessment of on boarding process for new ACH origination customers
• Review and evaluation of procedures for ongoing review of ACH origination customers
• Provide a template for assessing the risk exposure of its customers and issue a report of our findings and recommendations
ACH Risk Assessment
Review Services
Generally, regulators stress the importance of assessing the nature If you or an external party performs your ACH Audit or ACH of risks associated with ACH activity, performing appropriate Risk Assessment, SSC also offers offsite ACH Audit and ACH Risk know-your-customer due diligence, establishing controls for Assessment review services. We will review your ACH audit and Originators, third parties and Direct Access relationships and ACH Assessment documentation to ensure compliance with the having adequate management, information and reporting systems NACHA rules.
t EARLY BIRD DISCOUNTS 15 % if Conducted January – March 10 % if Conducted April- June
For more information or to schedule your ACH Audit or Risk Assessment, please contact Beverly Dobesh at beverly. dobesh @ swachaservices. com or call 800-475-0585.
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