Effective: 2014-09-19
Expands the current audit requirement for ODFIS by requiring an ODFI to verify that it provides the RDFI with proof authorization or originator contact information for CCD, CTX and IAT entries to non-consumer accounts.
Effective: 2014-09-19
Expands the current audit requirement for ODFIS by requiring an ODFI to verify that it provides the RDFI with proof authorization or originator contact information for CCD, CTX and IAT entries to non-consumer accounts.