I realize that what I am about to ask may be a simple question but i am having a very difficult time with it...
We do NOT originate ACH's - therefore from what i understand we are only required to have a Level One Risk Assessment...and I thought the Risk Assessment Levels were defined in the NACHA Rules... i cannot find it.
Is there anyone out there that can help me with defining the Levels of Risk - or have an example of a Level One Risk Assessment?
Any help would be greatly GREATLY appreciated!
"Nothing is impossible, the word itself says I'm possible" - Audrey Hepburn
I am working on our ACH Risk Assessment & would greatly appreciate if anyone has an example assessment they can send me.I have been trying to work with the sample from the UMACHA site but would like to see what other banks are doing.We are a originating & receiving bank. Thank you so much for any help you can give!! My email is: firstname.lastname@example.org
Last edited by MissJ; 01/24/1104:17 PM. Reason: forgot to add email address