Skip to content

Complying with the new International ACH Transaction (IAT) Regulations

How can software help banks comply with the new International ACH Transaction (IAT) regulations coming into effect on September 18th, 2009?

The new IAT regulations become effective on September 18, 2009 and will affect every financial institution, even those that do not currently send or receive international ACH payments. As you know, penalties for non-compliance with OFAC's regulations can be severe.


Verafin is one of North America’s leading BSA/AML Compliance and Fraud Detection software providers. Our comprehensive solution addresses customer risk scoring; suspicious activity detection; automated BSA reporting; watch list and 314(a) checking; fraud detection (check, debit, new account, etc.) case management; and FACTA ID theft red flags.

First published on 09/07/2009

Filed under: 

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Topics