SEC Codes

Question 1

The code that identifies a Non-Monetary Entry initiated by an
RDFI to provide an acknowledgment of receipt by the RDFI of a
corporate credit payment originated using the CCD format.

Answer 1

ACK - ACH Payment Acknowledge

Question 2

The code that identifies a Non-Monetary Entry that is used by
an ACH Operator to provide accounting information regarding
an Entry to Participating DFIs in machine-readable format. This is an optional service provided by ACH Operators and must be requested by a DFI desiring this service.

Answer 2

ADV - Automated Accounting Advice

Question 3

The code that identifies a Single Entry debit initiated by an
Originator to the Receiver’s account based on an Eligible
Source Document provided to the Originator by the Receiver
(1) via the U.S. mail or delivery service, (2) at a dropbox
location, or (3) in person for payment of a bill at a manned
location.

Answer 3

ARC - Accounts Receivable Entry

Question 4

The code that identifies a Non-Monetary Entry initiated by an
RDFI to provide an acknowledgment of receipt by the RDFI of a
corporate credit payment originated using the CTX format.

Answer 4

ATX - Financial EDI Acknowledgement

Question 5

The code that identifies a Single Entry debit initiated by an
Originator to the Receiver’s account based on an Eligible
Source Document provided to the Originator by the Receiver at the point of purchase or at a manned bill payment location for subsequent conversion during back office processing.

Answer 5

BOC - Back Office Conversion Entry

Question 6

The code that identifies an Entry initiated by an organization to
transfer funds to or from an account of that Organization or
another Organization.

Answer 6

CCD - Corporate Credit or Debit Entry

Question 7

The code that identifies a credit Entry initiated by or on behalf
of the holder of a Consumer Account to transfer funds to the
account of the Receiver.

Answer 7

CIE - Customer Initiated Entry

Question 8

The code that identifies a Non-Monetary Entry Transmitted by
(1) an RDFI for the purpose of identifying incorrect information
contained within an Entry and providing correct data in the
precise format to be used on future Entries, or (2) an ODFI to
refuse a misrouted NOC or an NOC that contains incorrect
information.

Answer 8

COR - Notification of Change or Refused Notification of Change

Question 9

The code that identifies an Entry initiated by an organization to
transfer funds to or from the account of that Organization or
another Organization that permits the inclusion of payment related remittance information in ANSI or UN/EDIFACT syntax.

Answer 9

CTX - Corporate Trade Exchange

Question 10

The code that identifies a Non-Monetary Entry initiated by an
agency of the Federal Government of the United States to
notify an RDFI of the death of a Receiver.

Answer 10

DNE - Death Notification Entry
(Federal Government Agency use only)

Question 11

The code that identifies a Non-Monetary Entry initiated by a
Participating DFI to an agency of the Federal Government of
the United States on behalf, and at the request, of an account
holder at the Participating DFI to enroll in a service that will enable Entries to such Person’s account at the Participating DFI.

Answer 11

ENR - Automated Enrollment Entry

Question 12

The code that identifies an Entry that is part of a payment
transaction involving a Financial Agency’s office that is not
located in the territorial jurisdiction of the United States. An
office of a Financial Agency is involved in the payment
transaction if it (1) holds an account that is credited or debited
as part of the payment transaction, (2) receives payment
directly from a Person or makes payment directly to a Person
as part of the payment transaction, or (3) serves as an
intermediary in the settlement of any part of the payment
transaction.

Answer 12

IAT - International ACH Transaction

Question 13

The code that identifies Entries initiated at an “Electronic
terminal,” as defined in Regulation E, to transfer funds to or
from a Consumer Account maintained with an RDFI, i.e., an
ATM cash deposit or withdrawal.

Answer 13

MTE - Machine Transfer Entry

Question 14

The code that identifies a Single Entry debit initiated by an
Originator to the Receiver’s account based on an Eligible
Source Document provided to the Originator by the Receiver at the point of purchase or manned bill payment location to transfer funds from the Receiver’s account.

Answer 14

POP - Point of Purchase Entry

Question 15

The code that identifies a debit Entry initiated at an “Electronic
terminal,” as defined in Regulation E, to transfer funds from a
Consumer Account of the Receiver to pay an obligation
incurred in a certain transaction, or to effect a certain
terminal cash withdrawal. Also, an adjusting or other
credit Entry related to such debit Entry, transfer of funds, or
obligation.

Answer 15

POS - Point of Sale Entry

Question 16

The code that identifies an Entry initiated by an Organization
based on a standing or a Single Entry authorization from a
Receiver to transfer funds to or from a Consumer Account of
the Receiver.

Answer 16

PPD - Prearranged Payment and Deposit

Question 17

Is an item as defined by Revised Article 4 of the Uniform Commercial Code (1990 Official Text) only for the limited purposes of presentment as set forth in Article 4-110(c) and notice of dishonor as set forth in Article 4-301(a)(2).

Answer 17

RCK - Re-presented Check Entry

Question 18

The code that identifies a debit Entry initiated at an “Electronic terminal,” as defined in Regulation E, to transfer funds from a Consumer Account of the Receiver to pay an obligation incurred in a point-of-sale transaction, or to effect a point-of sale terminal cash withdrawal. Also, an adjusting or other credit Entry related to such debit Entry, transfer of funds, or obligation. These Entries are initiated in a network where the ODFI and RDFI have an agreement in addition to these Rules to process such Entries.

Answer 18

SHR - Shared Network Transaction

Question 19

The code that identifies a debit initiated by an Originator
pursuant to an oral authorization obtained over the telephone
to transfer funds from a Consumer Account of the Receiver.

Answer 19

TEL - Telephone Initiated Entry

Question 20

The code that identifies a debit Entry initiated pursuant to a
Check Truncation Program that permits the Truncation of a
single Check drawn on the paying bank.

Answer 20

TRC - Truncated Entry

Question 21

The code that identifies a debit Entry initiated based on a
Check Truncation Program that permits the Truncation of
multiple Checks drawn on the same paying bank.

Answer 21

TRX - Truncated Entries Exchange

Question 22

The code that identifies
(1) a debit Entry initiated by an Originator to a Consumer Account of the Receiver based on
(a) an authorization that is communicated, other than by an oral communication, from the Receiver to the Originator via the Internet or a Wireless Network, or
(b) any form of authorization if the Receiver’s instruction for the initiation of the individual debit Entry is designed by the Originator to be communicated, other than by an oral communication, to the Originator via a Wireless Network; or
(2) a credit Entry initiated by or on behalf of the holder of a Consumer Account that is intended for the Consumer Account of a Receiver, regardless of whether the authorization of such Entry is communicated via the Internet or Wireless Network.

Answer 22

WEB - Internet-Initiated/Mobile Entry

Question 23

The code that identifies a debit Entry initiated with respect to
an item eligible under Article Two, Subsection 2.5.18.2

Answer 23

XCK - Destroyed Check Entry