-
MTE (Machine Transfer Entry)
An entry initiated at an electronic terminal, such as an automated teller machine (ATM). This entry can either be a debit or a credit.
Learn More
CBR (Cross Border Payments)
A standard entry class code used for the transmission of corporate cross border ACH credit and ACH debit entries. The CBR format accommodates the exchange of information unique to cross border payments such as foreign exchange conversion, origination and destination currency, etc.). CBR is one of two standard entry class codes available for the transmission of cross border entries.
Related Terms
-
OFAC (Office of Foreign Asset Control)
The part of the US Treasury Department responsible for enforcing United States economic and trade sanctions.
Learn More
