ACH Audit

NACHA requires all participating Depository Financial Institutions to conduct an Annual ACH Audit to be performed by December 31 of each year (ACH Rules, Appendix Eight, Section 8.1).  This service is offered to financial institutions.  Who better to conduct your annual ACH audit than your resource for electronic payments information and training?  A PaymentsFirst ACH expert can conduct your annual ACH audit and examine each facet of your ACH operations.  The audit includes requirements as required by Appendix Eight of the NACHA Operating Rules, review of online banking products using ACH and review of procedures related to receiving Federal Government payments.

The PaymentsFirst ACH Audit service includes:

  • Prior to and onsite checklists
  • Client questionnaire
  • Review of sound business practices and internal controls
  • Review of agreements
  • Exit interview
  • Written report including findings and/or recommendations
  • Audit certification form
  • Access to auditor for questions

Compliance Services Request Form

Tip: Schedule early to ensure availability, efficient preparation time and to avoid additional charges.