ACH Records

Question 1

Name the fields in the Batch Header Record that must be changed to originate a File Reversal.

Answer 1

Company Entry Description to REVERSAL
Effective Entry Date
Service Class Code

Question 2

What field(s) in the Entry Detail Record must be changed to originate a File Reversal?

Answer 2

Tran Code

Question 3

In the Addenda Record, what function does the asterisk (*) have? What is it called?

Answer 3

Data element separator, the delimiter

Question 4

In the Addenda Record, what function does the backslash () have? What is it called?

Answer 4

End of segment indicator, the terminator

Question 5

In an IAT transaction, which Addenda Record carries the Transaction Type Code?

Answer 5

First IAT Addenda Record

Question 6

Which Record and which Field contain the Check Serial Number and Terminal information in an IAT Entry that came from a POP transaction?

Answer 6

IAT Addenda Record for Remittance Information, Payment Related Information Field

Question 7

Which SEC Code requires that the Addenda Records be included on a Return Entry?

Answer 7

IAT

Question 8

The Addenda Indicator has a value of:

Answer 8

0 or 1

Question 9

How many records are in a Block?

Answer 9

10

Question 10

In which record do you find the Block Count?

Answer 10

The File Control Record