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My AAP Flashcards > Technical Specifications and File Formatting > Flashcards

Technical Specifications and File Formatting Flashcards

Technical Specifications and File Formatting

1
Q

What is the correct sequence of the records on an ACH File transmission?

A

File Header, Company Batch Header, Entry Detail, Addenda Record(s), Company Batch Control Record, File Control Record

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2
Q

Which SEC Codes can carry 9,999 Addenda Records?

A

CTX, TRX, ENR

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3
Q

Which SEC Code requires seven mandatory Addenda Records?

A

IAT

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4
Q

Which SEC Codes are Zero Dollar Entries?

A

ACK, COR, DNE, ENR

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5
Q

For the purpose of calculating Hash Totals, which records are included?

A

File Control and Batch Control Records

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6
Q

Fields within the ACH Records are identified as either

A

Mandatory, Optional, or Required

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7
Q

The Service Class Code Field in the Company Batch Header Record defines whether the batch contains debits or credits. Which list contains the correct information relating to the Service Class Code Field?

A

200 mixed debits and credit; 220 credits only; 225 debits only; 280 ACH Accounting Advices

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8
Q

Which participant puts a date in the Company Descriptive Date Field? This field is not used to control timing and does not have a specific format set.

A

Originator

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9
Q

Which participant sets this Effective Entry Date and what format is this field required to be in?

A

Originator: YYslashMMslashDD Format

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10
Q

Which participant sets the Settlement Date and what format is this field required to be in?

A

Operator: Julian Date Format

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11
Q

The two digit code in the ACH Entry Detail Record that determines whether an entry is a debit or credit to a savings, DDA, GL or a credit to a loan account is the

A

Transaction Code

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12
Q

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

A

Transaction Code

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13
Q

What field(s) in the Batch Header Record must be changed to originate a file reversal?

A

Effective Entry Date, Company Entry Description Field, and Service Class Code

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14
Q

The field inclusion requirement for the individual name field for WEB and TEL entries became a field in September of 2007?

A

Mandatory

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15
Q

A WEB transaction can be either a Single-Entry Transaction or a Recurring Transaction. In order for an RDFI to determine if the transaction is Single Entry or Recurring an S or R is placed in what field?

A

Payment Type Code Field

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16
Q

What record utilizes the ANSI X12 standards and Nacha endorsed banking?

A

Addenda Record

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17
Q

A public or private network not located entirely within a single, contiguous, physical facility and any part of which has not implemented security technologies that provide the minimum level of security.

A

Unsecured Electronic Network

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18
Q

Consists of logically related data elements in a defined sequence.

A

Data Segment

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19
Q

Minimum level of encryption when transmitting banking information over an Unsecured Electronic Network

A

128bit Encryption Technology

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20
Q

Which field in the Company Batch Header Record identifies the Originator as a government or commercial entity?

A

Originator Status Code

21
Q

An eight character code derived from a special key used in conjunction with the DES algorithm. The purpose of this code is to validate the authenticity of ACH entries.

A

Message Authentication Code

22
Q

If a mandatory field is left blank the ACH item will be

A

Rejected by the ACH Operator.

23
Q

If a required field is left blank the ACH item may be

A

Rejected by the RDFI.

24
Q

What fields can be found in both the Company Batch Header Record and the File Control Record?

A

Entry Hash and Record Type Code

25
Q

What field contains the summation of routing numbers in either the Batch or File?

A

Entry Hash

26
Q

Which series of SEC Codes contain Zero Addenda Records?

A

ADV, ARC, BOC, POP, RCK, TEL

27
Q

What series of SEC Codes have mandatory Addenda Requirements?

A

COR, DNE, ENR, POS, SHR

28
Q

What series of SEC Codes have optional Addenda Requirements?

A

CCD, CIE, CTX, PPD

29
Q

Numeric Fields are formatted in this way.

A

Right justified, unsigned, and zero filled

30
Q

Alphameric and Alphanumeric fields are formatted in this way.

A

Left justified and space filled

31
Q

Which record contains a summary of the control totals from the batch controls within the file, number of blocks, and the number of batches within the file?

A

File Control Record

32
Q

Which record in the ACH File contains the detail and addenda record counts, has totals and the dollar totals for the preceding entry detail records within the batch?

A

Company Batch Control Record

33
Q

What record supplies 80 characters of payment related information for the preceding entry detail record?

A

Addenda Record

34
Q

Which record contains the SEC Code?

A

Company Batch Header Records

35
Q

Which records contains information that relates to Receiver?

A

Entry Detail Record

36
Q

Which record identifies the Originator and gives information that relates to the purpose of the entry and also the routing number of the ODFI?

A

Company Batch Header Records

37
Q

Which record defines the physical characteristics (date and time) and identifies the immediate origin and immediate destination of the file?

A

File Header Record

38
Q

Which field in the ACH file indicates the presence of an Addenda Record and which Record can this be found in?

A

Addenda Record Indicator Field/Entry Detail Record

39
Q

How can you identify who the ODFI of an ACH transaction is by looking at the Entry Detail Record?

A

15-digit Trace Number Field

40
Q

The Addenda Type Code for a Notification of Change is

A

98

41
Q

The Addenda Type Code for Return Entry is

A

99

42
Q

The number of characters in each of the ACH Records.

A

94

43
Q

The Addenda Record contains

A

94 characters with 80 characters of payment related information.

44
Q

Statement information that must be provided for the POS entry.

A

Terminal ID, City, State, Location

45
Q

In the Addenda Record, what function does the asterisk have?

A

Data Element separator and is called the delimiter

46
Q

In the Addenda Record, what function does the backslash have?

A

End of a data segment and is the terminator

47
Q

The largest dollar amount an ACH transaction can be is

A

$99,999,999.99

48
Q

Settlement date is

A

The date on which an exchange of funds with respect to an entry is reflected on the books of the Federal Reserve Bank.

My AAP Flashcards (18 decks)

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