ACH Records Flashcards
Name the fields in the Batch Header Record that must be changed to originate a File Reversal.
Company Entry Description to REVERSAL
Effective Entry Date
Service Class Code
What field(s) in the Entry Detail Record must be changed to originate a File Reversal?
Tran Code
In the Addenda Record, what function does the asterisk (*) have? What is it called?
Data element separator, the delimiter
In the Addenda Record, what function does the backslash () have? What is it called?
End of segment indicator, the terminator
In an IAT transaction, which Addenda Record carries the Transaction Type Code?
First IAT Addenda Record
Which Record and which Field contain the Check Serial Number and Terminal information in an IAT Entry that came from a POP transaction?
IAT Addenda Record for Remittance Information, Payment Related Information Field
Which SEC Code requires that the Addenda Records be included on a Return Entry?
IAT
The Addenda Indicator has a value of:
0 or 1
How many records are in a Block?
10
In which record do you find the Block Count?
The File Control Record