Accredited ACH Professional (AAP) Practice Exam

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Prepare for the Accredited ACH Professional (AAP) Exam with tailored questions and study materials to enhance your understanding of ACH transactions and operations. Test your skills and readiness for this important certification!

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What verification process should be conducted by Originators of WEB entries?

Verification of account balances
Verification of routing numbers
Verification of transaction history
Verification of bank holidays

The correct answer is: Verification of routing numbers

The verification process that is most relevant for Originators of WEB (Internet-Initiated Entries) is the verification of routing numbers. This step is crucial because routing numbers ensure that funds are directed to the correct financial institution for processing Electronic Fund Transfers (EFTs). The integrity and accuracy of the routing number are vital in preventing transaction errors that could lead to funds being mishandled or sent to the wrong bank. When Originators gather the necessary information for processing a WEB entry, they must ensure that the routing number is valid and corresponds to the correct institution from which the consumer is initiating the payment. This reduces the risk of processing issues that can occur if an incorrect routing number is used, thereby safeguarding both the Originator and the consumer in the transaction. While verification of account balances, transaction history, and bank holidays are important considerations in the overall management of ACH transactions, they do not specifically pertain to the foundational step of ensuring the routing number is accurate and valid for WEB entries. Hence, the focus on routing number verification is essential in maintaining the efficiency and reliability of electronic payments.