SEC Codes

Question 1

ACK

Answer 1

• ACH Payment Acknowledge
  
  • Non-Monetary
  • Provides acknowledgment of receipt by the RDIF of a corporate credit payment originate using the CCD formant

Question 2

ADV

Answer 2

• Automated Accounting Advice
  
  • Non-Monetary
  • Used by ACH Operator to provide accounting information
    regarding an Entry to Participating DFIs in machine-readable
    format.

Question 3

ARC

Answer 3

• Accounts Receivable Entry
  
  • Debit, single entry
  • 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 via US mail/del
    service, dropbox location, or in person payment of bill at a
    manned location.

Question 4

ATX

Answer 4

• Financial EDI Acknowledgement
  
  • Non-Monetary
  • Identifies a Non-Monetary Entry initiated by an RDFI to
    provide an acknowledgment of receipt by the RDFI of a
    corporate credit payment using the CTX format

Question 5

BOC

Answer 5

• Back Office Conversion Entry
  
  • Debit, single entry
  • Identifies 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 (i.e. paid via check at store) for subsequent
    conversion during back office processing.

Question 6

CCD

Answer 6

• Corporate Credit/Debit Entry
  
  • Non consumer Credit or Debit, single or recurring entry
  • Identifies an Entry initiated by an organization to transfer
    funds to or from an account of that Organization or another
    Organization.

Question 7

CIE

Answer 7

• Customer Initiated Entry
  
  • Consumer credit, single entry
  • 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.

Question 8

COR

Answer 8

• Notification of Change or Refused Notification of Change
  
  • Non-Monetary
  • Identifies two types of entires:
    
    • Sent by RDFI for purpose of identifying incorrect
      information contained within an Entry and providing the
      correct data in the precise format to be used on different
      entries.
    • Sent by an ODFI to refuse a misrouted NOC or a NOC that
      contains incorrect information.

Question 9

DNE

Answer 9

• Death Notification Entry
  
  • Non-Monetary, Non-consumer
  • Identifies an entry initiated by an agency of the US Federal
    Gov’t to notify an RDFI of the death of the Receiver

Question 10

ENR

Answer 10

• Automated Enrollment Entry
  
  • Non-monetary, non-consumer
  • Sent by a Participating DFI to an agency of the US Federal
    Gov’t on behalf, and at the request of, an account holder to
    enroll in a service that will enable Entries to such person’s
    account at the participating DFI.

Question 11

IAT

Answer 11

• International ACH Transaction
  
  • Credit or Debit, single or recurring, consumer or Non-
    Consumer
  • Identifies an entry as payment transaction involving a
    Financial Agency’s office that is not within the territorial
    jurisdiction of the United States

Question 12

MTE

Answer 12

• Machine Transfer Entry
  
  • Credit or Debit, single entry, Consumer
  • Entries initiated at an “Electronic terminal” as defined by
    Regulation E to transfer funds to or from a Consumer
    account maintained with an RDFI. I.e. ATM
    deposit/withdrawal.

Question 13

POP

Answer 13

• Point-of-Purchase Entry
  
  • Debit, single entry. Consumer or Non-consumer
  • Identifies 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.

Question 14

POS

Answer 14

• Point-of-Sale Entry
  
  • Credit or Debit, single entry. Consumer
  • 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.

Question 15

PPD

Answer 15

• Prearranged Payment and Deposit
  
  • Credit or Debit, Single or Recurring. Consumer only.
  • 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.

Question 16

RCK

Answer 16

• Re-presented Check Entry
  
  • Debit, single entry. Consumer
  • The code that identifies a Single Entry debit constituting a
    presentment notice of an item eligible under Article Two,
    Subsection 2.5.13.3 (RCK Eligible Items). An RCK Entry 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).

Question 17

SHR

Answer 17

• Shared Network Transaction
  
  • Credit or Debit, single entry. Consumer.
  • 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.
    SHR Entries are initiated in a shared network where the
    ODFI and RDFI have an agreement in addition to these Rules
    to process such Entries.

Question 18

TEL

Answer 18

• Telephone Initiated Entry
  
  • Debit, Single or recurring entry, Consumer.
  • 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.

Question 19

TRC

Answer 19

• Truncated Entry
  
  • Debit, single entry. Consumer or Non-Consumer
  • identifies a debit Entry initiated pursuant to a Check
    Truncation Program that permits the Truncation of a single
    Check drawn on the paying bank.

Question 20

TRX

Answer 20

• Truncated Entires Exchange
  
  • Debit, single entry. Consumer or Non-Consumer
  • identifies a debit Entry initiated based on a Check Truncation
    Program that permits the Truncation of multiple Checks
    drawn on the same paying bank.

Question 21

WEB

Answer 21

• Internet Initiated/Mobile Entry
  
  • Debit or Consumer to Consumer Credit, single or recurring.
    Consumer.
  • 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.

Question 22

XCK

Answer 22

• Destroyed Check Entry
  
  • Debit, consumer or non-consumer
  • Identifies a debit Entry initiated with reaped to an item
    eligible under Article Two, Subsection 2.5.18.2