Originator Self-Assessment

"An ODFI is responsible for its Originators' and Third-Party Senders' compliance with the NACHA Operating Rules"
NACHA Operating Rules


WesPay members tell us their regulators are requesting details regarding ACH Originator and Third Party compliance with the NACHA Operating Rules. Providing a copy of the NACHA Operating Rules is a good start, but how do you ​know​ your Originators are in compliance with the requirements of the Rules?

The WesPay Originator Self-Assessment was developed to help you, as an ODFI, Third-Party Sender or Third-Party Provider, inform your Originators of their requirements under the NACHA Operating Rules and to provide a means for them to evaluate compliance within their unique operating environments. Cost effective and easy to use, this new self-assessment also provides a tangible demonstration to auditors and regulators that you are proactively taking steps to train Originators and help them understand their compliance with the NACHA Operating Rules.

Key Features:

  • Includes 16 modules, with new modules for Prenotifications, Return Fee Entries and Third-Party Senders
  • Questions worded in everyday language for those less familiar with payments terminology
  • Originators are assessed based on their unique operating environment
  • Cloud-based system requires no integration or implementation to internal systems
  • Corresponding reference to the applicable Rule for each question
  • Each module and the Glossary contains a printable set of notes for continued guidance after the Self-Assessment is complete
  • Originators are assessed based on their unique operating environment
  • Multiple reports available, including a final report to share with auditors
  • Can be co-branded with your logo

Pricing & Discounts

The pricing is tiered and based on the number of Originators. Other fees may apply depending on additional options selected. Contact marketing@wespay.org for a price quote.

When purchasing in combination with the RDC Self-Assessment, a combined customer license count may result in a lower price per license.

Added Value

Included with the purchase of the Originator Self-Assessment are the Originator and Business Training Videos. These short videos can be used as a tool to enhance your Originator and RDC training. Find out more about the Originator Training Videos  and Business Training Videos.

Demonstrations

We invite you and your team to join a demonstration, which lasts approximately 60 minutes. See the actual user experience and learn more about how the Self-Assessment is both a training and a compliance tool. Contact WesPay Marketing to schedule a personal demonstration! 


More Information / Brochure