SHR (Shared Network Transaction)

A one time debit entry to the account of a receiver where the entry is initiated at an electronic terminal. The entry is initiated into a shared network where the originating depository financial institution (ODFI) and receiving depository financial institution (RDFI) have an agreement.

Related Terms

  • FISMA (Federal Information Security Management Act)

    The Federal Information Security Management Act requires all federal agencies to implement cybersecurity programs to protect the information from unauthorized access.

    Learn More

  • Risk Management

    Risk management is the act of carefully examining business processes to prevent the possible loss of revenue and other assets. Learn More

    Learn More