Strong business practices over your RTP program are vital to comply with the RTP® Operating and Participation Rules. Our expert audit team will provide an independent audit of your institution’s RTP® program.
EPCOR’s RTP® Audit Service provides financial institutions with a thorough audit of RTP® Rules compliance to ensure alignment with The Clearing House’s RTP® Operating and Participation Rules. Our experts assess and evaluate your policies and practices related to RTP® processing, offering an objective analysis that strengthens compliance and minimizes risk.
We audit your policies, procedures and processes against current RTP® Rules and regulations, ensuring that all recent updates to RTP® network requirements are accounted for in your institution’s practices.
Our payments experts assess a wide range of topics related to risk inherent with RTP® processing, including compliance, fraud and liquidity risks, providing insights for improvement.
Our audit reviews for compliance vulnerabilities related to RTP® Rules compliance, funds availability processes, proper handling of errors and requests for return of funds and required reporting of fraud and network abuse.
The broad scope of our audit includes continuous operations, payment message responses, funds availability, funding obligations, fraud reporting, requirements for errors and more!
We provide a comprehensive report covering our findings that identifies areas of improvement and suggests recommendations to enhance compliance and mitigate risk.
EPCOR offers a variety of publications, resources and tools to assist your organization in successfully completing your RTP Compliance Audit.
An efficient tool for ODFIs to gauge their Originators/Third-Party Senders understanding and compliance to the ACH Rules.
The RTP® Annual Audit performed by EPCOR was simple and smooth. EPCOR used the RTP® Self-Audit Workbook as defined by The Clearing House to provide a clear and concise audit request list to be fulfilled. Using a secure ShareFile site, all documentation was loaded for each individual request item which was subsequently review by the EPCOR auditor. Any questions were addressed as they surfaced. A final audit review was perform with documented results that can be retained as supporting documentation of the attestation that the audit was performed by the TCH RTP® Rules.