Event Calendar
Third Parties and the ACH Network: Are you Aware of the Risks?
January 1, 2010 to December 31, 2010
This session will help participants understand their obligations and rights when dealing with Third Party Service Providers. The growth of the network in recent years has also given rise to third party senders; this session will help define that term and what it means to the ODFI and their risk. We will answer the question of who am I in the transaction. This session will benefit both operations staff as well as management.
Issues that will be discussed include:
- Contracts and Agreements
- Sending Points
- Receiving Points
- General Rule Compliance
- Audits
- Third Party Senders
- Rule Violation Process and the System of Fines
