What type of risk does an RDFI face when a stale dated Effective Entry Date results in delayed funds?

The scenario involving a stale-dated Effective Entry Date leading to delayed funds primarily relates to operational risk. Operational risk encompasses the potential for loss resulting from inadequate or failed internal processes, people, and systems, or from external events. In this case, the handling of stale-dated entries constitutes an internal process that could result in delayed transactions and improper fund availability for customers.

For an RDFI (Receiving Depository Financial Institution), the risk arises from the inefficiencies in processing these transactions timely due to outdated or improperly managed entry dates, which can disrupt customer service and overall operational effectiveness. Thus, when considering the implications of a stale-dated Effective Entry Date, it’s evident that the challenges faced stem from operational inefficiencies, hence identifying this scenario as primarily operational risk.