The Federal Reserve Banks strongly encourage every depository financial institution to make effective risk management a top priority. Request that we contact you regarding your interest in FedACH Risk Management Services. Explore the benefits to your institution by checking out the product pages:
Seven FedACH fields are your clues to incoming transactions:
mix and match them to create incoming batch, file or item alert notification criteria tailored to meet specific information needs
The usual suspects:
easily identify incoming batches from any originator the RDFI chooses, such as those with past quality problems, by building alert notification criteria based on company ID, company name and/or company entry description
Don’t keep customers waiting for information of value to them:
automate e-mail notifications by creating item-level alerts and sending them automatically to designated contacts at key accounts
Find the needle, that one bit of critical information, before it gets lost with all the other transaction data:
build targeted alert notification criteria to get the information you need and use the drill down features of new research screens to zero in on the details of any notification e-mails received.
Investigate receipt risk with RDFI Alert – read all about it
FRBservices.org provides you with a variety of helpful information about FedACH services including the FedACH Risk Management Services. Links to some useful resources are provided below.
You can fax your completed FedACH agreements to your Central Operations Support Site. Contact numbers for your FedACH Central Operations Support Sites are listed below.
|Central Operations Support Site||Reserve Banks Supported|
Fax: (612) 629-4204
FedACH Service Setup
St. Louis (8)
Address comments and questions to the Financial Services Webmaster.
©2013 Federal Reserve Banks