The ACH audit will review the institution's compliance with the National Automated Clearing House Association (NACHA) Audit guidelines and the Board of Directors' approved policy.
SBS can help with the establishment of your BSA program and/or perform an audit/test of your existing program.
Credentialed Resources – SBS' dedicated BSA review team is made up of experienced consultants who are former bank executives and BSA officers.
Website Compliance Audit
An SBS Website Compliance Audit is broken down into four areas:
- Website Compliance: The website must be in compliance like a brick-and-mortar facility. Website compliance verifies compliance and adequacy with federal and state regulations.
- Product and Service Offerings: Verifies that products and services offered in the electronic branch via the website are consistent with those offered in the brick and mortar.
- Website Functionality: Reviews the use of web links, calculators, and record retention.
- Website Security: Reviews the bank’s use of certificates and registrar information.