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Financial Institution Industry

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  Website Updated 1/21/2012

Your Source for Banking Policies, Procedures, and More.

Product Update Notification - 03/08/10


Automated Clearing House Policy Template Update Details


What's New


Statement of Unauthorized or Improper EFT Activity Form Template.  This new product is now included with the purchase price of the Automated Clearing House Policy Template.


What's Revised


Topic 4 - Risk Management.  The following subtopics were added:


Third Party Payment Processor Guidelines

Risk Management of Corporate Account Takeovers


The following subtopics were revised:


Oversight Responsibilities - Second paragraph was revised.

Third Party Senders - Third paragraph and subsequent bullet points, and final bullet point 3.

Direct Access to the ACH Operator - A new final paragraph was added.


Topic 5 - Receiving Consumer ACH Transactions.  The following subtopics were revised:


Stop Payment of ACH Entries - Entire contents.

Written Statement of Unauthorized Debit - Formerly entitled "Statement Under Penalty of Perjury", the entire contents were revised.


Ordering Information


This product is available to purchase from Bankpolicies.com for:


$325.00 - List Price

- or -

$75.00* - Update Price


*Applies only to clients who have purchased the Automated Clearing House Policy Template within the last three years including the following updates (if applicable):


Automated Clearing House Policy Template Update - 02/23/09 - $25.00

Automated Clearing House Policy Template Update - 09/30/08 - $75.00

Automated Clearing House Policy Template Update - 11/28/07 - $75.00

Automated Clearing House Policy Template Update - 09/27/06 - $50.00


If you have ordered this product after 02/08/10 you are eligible to receive the product update at no charge.


Click here to place an order for this product.  Clients who are eligible for our Legacy Rewards Volume Discount can apply their applicable discount level to the list or update price (whichever applies).


NOTE: Refer to our Place an Order page for important information regarding payment terms and our return policy.  Orders placed for Product Updates are only available directly through Bankpolicies.com.


Find Out What's New or Revised with our Product Update Program


Our Product Update Program allows existing clients to receive e-mail notifications from us the same day we issue a new or revised product.  We encourage you to subscribe today for this free and convenient service.