X9 Standards Flashcards
Which standard is X9.100-111?
Check Endorsements
*only for physical or paper checks
Which standard is X9.100-188
Return Reasons for Check
What standard is X9.100-140
IRD-Image Replacement Document
Set of specific documents with the goal to provide structure to facilitate electronic movement or exchange of check-related data and images.
Check payment Standards
Who provides the check image exchange standards?
Accredited Standards Committee (ASC) X9, Inc
X9 Standards are accredited by who?
(ANSI)
American National Standard Institute
Who is ANSI?
American National Standards Institute
A group within the National Institute of Standards & Technology (NIST) which reports to the US Department of Commerce.
Provides location for all physical check endorsement?
X9.100-111: Check Endorsement
Provides specification for standard machine-readable substitute documents:
X9100-140: Image Replacement Document-IRD
Part 1: placement and location of MICR fields
Part 2: EPC field use
X9.100-160: Magnetic Ink Printing
(MICR)
Provides industry with return reason codes for both image exchange and IRD creation.
X9.100-188: Return reason for check image exchange and IRD
Provides industry with format to preform electronic check exchange forward and return.
X9.100-187: Electronic Exchange of Check and Image Data.
What is provided in the X9.100-111 standard?
-Location for all physical check endorsements and electronic endorsement overlay.
-specific parameters for background and design elements on back of check.
-Placement data content of endorsements.
Most common EPC codes?
-2: Return of Original check
-4: IRD
-5: Return of IRDs
-6: RCC-Remotely created check
What conveys special information for correct handling or routing of check/check data to FIs or other processors?
EPC code
