Webinars - Live

Enhanced Due Diligence & Risk Assessment of ACH Customers

May 25 | 3:00 pm - 4:30 pm ET
Level: N/A
Category:
Webinars - Live
Cost: $200.00
Contact: Susan Erlandson at serlandson@mainecul.org

Do your policies, procedures, and processes match the risk associated with each ACH customer? Higher risk means more due diligence.

 

This webinar will teach you how to assess an ACH customer’s risk and describe the extra steps required with enhanced due diligence.
 
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
  • Explain the risks associated with ACH transactions
  • Create a proper customer risk profile and accurately assign risk ratings for ACH customers
  • Distinguish which customers should be deemed higher risk
  • Determine the appropriate due diligence required at account opening and throughout the relationship with the ACH customer
  • Explain when a high-risk customer can be reduced to moderate or low risk
  • Conduct a BSA/AML quantity of risk assessment for your institution regarding ACH customers

For more information or to register CLICK HERE