Account officers/relationship officers may not understand the regulatory requirements for assessing the risks of ACH and RDC clients. What is the difference between credit underwriting and transactional risk underwriting, how do you set exposure limits while complying with regulatory requirements and ensuring that periodic reviews are performed in accordance with network Rules and regulatory expectations? This webinar will take a deep dive from the time potential ACH and RDC customers are brought to the financial institution for review and approval through the duration of the relationship. Learn regulatory guidance, expectations and practical methods for complying while not forcing inefficient processes and inconveniences for the client.
This payments webinar will cover:
Best Business Practice Document: This bank webinar will include a best business practice document for credit, transactional underwriting, documenting over-limit activity, performing periodic reviews and reporting high risk activity to the board of directors or designated committee.
If you are having issues with registering online, please contact CBAO's Education & Training Coordinator, Lianne Simeone, (614) 610-1877.