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 .
15