ACH Credit

An ACH credit occurs when the receiver’s account is credited.

Related Terms

  • Tokenization

    Tokenization replaces sensitive financial account information with a random string of characters, called a token. Learn More

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  • TEL (Telephone Initiated Entries)

    A standard entry class code that enables the originator to initiate a single entry debit to a consumer’s account pursuant to a consumer’s oral authorization obtained over...

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