Credit & Debit Origination Controls

A real-time tool to manage gross origination limits

Financial institutions have countless responsibilities, rules and regulations they must abide by, not to mention ultimate financial responsibility for all transactions originated into the ACH network under various settlement arrangements with outside parties.

EPN provides Financial Institutions with real-time tools to manage gross origination limits for debit and credit transactions submitted directly to the ACH network. The tools can be used to control the origination risk for Financial Institutions that settle for other Financial Institutions, those that use a third-party processor or for a non-bank organization that accesses the ACH network directly using a bank routing number.

Features

• The Financial Institution establishes and maintains the limits for the gross amount of debit and credit transactions for a given settlement day.
• EPN monitors these limits as files are submitted and suspends processing if a submitted file exceeds the limits – all in real-time.
• The Financial Institution can either modify the limit or notify EPN to cancel the file.
• Controls are in place that can be customized and monitored directly from a desktop (PCAIMS).

Click here to download the brochure