Introductory BSA/AML Examiner School, Providence, RI

Automated Clearing House (ACH) • Use of ACH has increased significantly • Electronic check conversions • Low‐dollar value • Payroll

Automated Clearing House (ACH) • Originator • Originating  Depository Financial Institution  (ODFI) • ACH Operator • Receiving Depository Financial Institution (RDFI)

• Reciever • Operator • Third Party Service Provider (TPSP)