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AAP
An accredited ACH professional certified by the National Automated Clearing House Association (NACHA).
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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.
Related Terms
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PPD (Prearranged Payment and Deposit)
A credit or debit entry to the account of a receiver where there is either a standing or one time written authorization that has been signed or...
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