Type:
On Demand
Duration:
33 Minutes
Member Fee:
$0
Non-Member Fee:
$279
Audience:
AAP Candidates, ACH Personnel, Payments Personnel, Senior Payments Personnel, Audit, AAPs, Operations, Compliance, General ACH, Risk
Bank Secrecy Act (BSA) requirements include ensuring that all transactions are subject to review for suspicious and unusual activity. Electronic payments can be generated by your account holders via numerous platforms: ACH company origination, person-to-person and bill payment portals, telephone instruction and written authorization. This session will cover a financial institution’s obligation to ensure that all payment activity, including electronic payments is subject to BSA review.