Home >

Third-Party Sender Audits What, When, Why?


Event Details*
Tuesday, July 19, 2022
2:00 - 3:00 pm ET
Webinar; 1.2 AAP/APRP CEU Eligible
Learning Level: Intermediate

Event Registration**
Member Price: $225.00
Non-Member Price: $325.00

In this session, the risks and benefits of Third-Party Senders will be defined. Factors ODFIs should consider when deciding whether or not to add them to their portfolio of Originators will be outlined. There are certain obligations that an ODFI with Third-Party Senders must meet according to the Nacha Rules, and this session will identify those. To mitigate the risks, ODFIs should perform enhanced due diligence on their Third-Party Senders to ensure they are aware of who their client Originators are, as well as the nature of their ACH activity in the Network. Finally, this session will review audit requirements that apply to Third-Party Senders.

Participants in this session will:
• Recognize how to identify Third-Party Senders
• Outline the unique risks they pose to ODFIs, as well as the benefits
• Relate some best practices for mitigating these risks
• Explain what Nacha requires of ODFIs who have Third-Party Senders

Sean Carter, AAP, NCP, President & CEO, NEACH

• Treasury Management

You might also like:
• How to Talk to Your Originators
• Common Gaps in ACH Risk Management
• Risky Originators: Are Your ACH Originators Meeting Your Risk Appetite?

*Please note that the access information will be sent to you in a separate email upon receipt of payment. Access information and support are only provided during normal business hours.
** This event is part of the NEACH Education Club. Members who join the Club save $75 off the cost of this event.

My Registrations

No registrations found.
Association Management Software by MemberSuite
   Core Version: