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ACK (ACH Payment Acknowledgement)
An ACK entry is an acknowledgement by the receiving depository financial institution (RDFI) confirming the receipt of a corporate credit or debit (CCD) credit entry.
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Cardholder
A cardholder refers to the person to whom a credit or debit card is issued.
Related Terms
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Consumer Account
An account held at a development financial institution (DFI) which has been opened by a natural person and is used for personal needs.
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