File Format Flashcards
File creation time and date are found in the ___ Record
File Header
The Service Class Code is found in the ___ Record. It identifies___.
Company batch header, Whether the batch contains just credits, just debits, or both
The settlement date is in ___ Format
Julian Date
The Settlement date is assigned by the ___.
ACH Operator
The largest dollar amount a single ACH transaction can be is ___.
$99,999,999.99
CCD & CTX transactions allow for ___ characters of payment related information per Addenda Record.
80
A Trace Number field is ___ charactersand identifies the ___.
originating DFI in the first 8 characters
What fields, if contained in the transaction, in a POS Addenda Record is the RDFI required to pass to the Receiver?
Identification of Terminal, Terminal location, terminal city, terminal state
Every ACH file record has ___ characters or spaces.
94
Explain the difference between Addenda Record Indicator and Addenda Type Code.
Addenda Record Indicator identifies weather or not the entry contains addenda, and the Addenda Type Code indicates point of sale, remittance data, change, or return information.
Company Name, Company ID, Standard Entry Class Code and Effective Entry Date are found in the ___ Record
Company / Batch Header
The Entry Hash is a ___ and is found in the ___ Records
Summation of the routing and transit numbers in the batch or file, Company / Batch Control and File Control
Ifa batch contains 50 credit transactions, 25 debit transactions, and 25 Addenda Records, what will be the Entry / Addenda Count?
100
In what File Record will be found?
Company / Batch Control and File Control Records
In an IAT entry, what is the maximum number of Addenda Records use for Remittance?
2
In an IAT entry, what is the maximum number of addenda records used for Foreign Correspondent Banking Information?
5
When an IAT entry has both remittance information and Foreign correspondent Bank information, what is the maximum number of Addenda Records to be used for each?
2 max for remittance, 3 for Foreign Correspondent Bank Info?
In what record of an IAT are the OFAC screening indicator found? what are they?
IAT Entry Detail Record, 0 - No blocked Party, 1 = potential Blocked Party
What is the purpose of the Originator Status Code? ___. In what ACH Record is it found? ___.
Identifies a Government or non-Government batch of Entries, Company / Batch Header Record.
What SEC Code requires a unique Company / Batch Header Record?
IAT
