RDC Risk Rating System Tool
(Code: RDC-1764)

Use the Remote Deposit Capture Risk Rating System Tool to enhance your RDC Risk Management Program to mitigate the institution's risk. It is imperative you have underwriting and evaluation procedures in place to evaluate current and potential customers' creditworthiness as part of your RDC due diligence program. Knowing Your Customer helps mitigate and eliminate one of the risk potentials in a Remote Deposit Capture Program.

With this easy to follow Remote Deposit Capture Risk Rating System, your institution standardizes evaluation of each RDC customer and the fact finding process as part of the customer's due diligence process. Whether you have an underwriting department or your lenders handle this process, the RDC Risk Rating System is a valuable tool as part of your risk management and compliance programs.

When writing or modifying purchased policies, this process may be incorporated in the Risk Management section.

What are the benefits of the Remote Deposit Capture Risk Rating System Tool?

• Point system ranks customer "low, medium, or high" risk
• Provides a means of evaluating customers consistently
• Includes fact finding sheet on customer with information such average balances, number of NSFs, and number of chargebacks
• Includes predetermined BSA risk rating in ranking system
• And much more!

This RDC Risk Rating System is one of many options for any organization. Each institution must decide independently whether this RDC Risk Rating System is the best one or whether adjustments should be made to the tolerances and business model.

The Remote Deposit Capture Risk Rating System is in an Excel format, so the institution can easily make changes to the model to fit its standards and processes. We recommend in all cases that this RDC Risk Rating System be reviewed by each institution’s Compliance Officer, Bank Secrecy Act Officer, Chief Credit Officer, and Risk Manager, as appropriate.

SEE OUR SPECIAL PRICING PACKAGES AT A FRACTION OF THE COST! 

If you have questions, please email us or call (770) 653-2389.

After purchasing the Remote Deposit Capture Risk Rating System, you will be provided a link to download the document.