The SEC Code field is found in which
record?
5 record - Company / Batch Header
Record
Which SEC Codes have one or
more mandatory Addenda
Records? (Hint:8)
COR, DNE, ENR, IAT (7), POS,
SHR, MTE, and TRX
Which SEC Codes have one or more
optional Addenda Records? (Hint:8)
ACK, ATX, CCD, PPD, CIE, CTX, IAT
(5), and WEB
What is the maximum number of
batches permitted in a File?
999,999
How many characters are in a block?
940
What are the three Payment Type
Codes and what do they indicate?
S - Single Entry
R - Recurring Entry
ST - Entry initiated as part of a
Standing Authorization
List the sequence of Records for a File
that has one batch with one Entry
with one Addenda.
File Header Record
Company / Batch Header Record
Entry Detail Record
Addenda Record
Company / Batch Control Record
File Control Record
Which Record contains the Entry /
Addenda Record counts, total debit
and credit Entry dollar amounts,
and identification code for an
Originator?
Company / Batch Control Record
What is the SEC Code for a
Notification of Change?
COR
This three-character, numeric field is
inserted by the ACH Operator and is
based on a Julian calendar.
Settlement Date
What are the two values that can
be used as a segment terminator?
Backslash ( \ ) and tilde (~)
What value is used as a data element
separator?
Asterisk (*)
What two-character field indicates
the type of account and type of
payment?
Transaction Code
What MUST be in the Company Name
field of a WEB credit?
The P2P service provider’s name
(ODFI or Third-Party Service
Provider)
What Record contains the
Immediate Origin and Immediate
Destination fields?
File Header Record
Which field does an Originator use to
indicate the Banking Day on which a
batch of Entries is intended to settle?
Effective Entry Date
What is the maximum amount an
Entry can be?
99,999,999.99
(10 positions, $$$$$$$$¢¢)
What does the first digit of the two-digit transaction code identify? List
the five possibilities.
The type of account. For example:
2 - DDA / checking
3 - Savings
4 - GL
5 - Loan
8 - Accounting records
Which Record contains the
Receiver’s routing and account
number?
Entry Detail Record
What type of fields are left-justified
and space filled?
Alphameric fields
This one-character field is
alphameric, mandatory, and
differentiates between multiple
Files on the same day.
File ID Modifier
What type of fields are right-justified
and zero filled?
Numeric fields
