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ODFI (Originating Depository Financial Institution)
Financial institutions that originate ACH transactions on behalf of its customers. ODFI's must abide by the National Automated Clearing House Association (NACHA) Operating Rules.
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AAP
An accredited ACH professional certified by the National Automated Clearing House Association (NACHA).
Related Terms
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SSL (Secure Sockets Layer)
SSL, proceeded by TLS, is a security protocol that encrypts data and enabled authentication between applications over a network.
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