PSA for BSA! BSA Basics for ACH
1.8 AAP/APRP Credits
All financial institutions are required to comply with the Bank Secrecy Act (BSA). The Bank Secrecy Act requires financial institutions to monitor account holder activity and report any suspicious activity. In this session we will explore what this means to your financial institution regarding your ACH program. This session will cover:
- The Bank Secrecy Act
- OFAC Requirements
- Customer Due Diligence
- Suspicious Activity Reporting
This session is ideal for ACH Operations, Audit & Compliance staff, and AAP/APRP Candidates.
This module will be available soon.