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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...
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Acquirer
An acquirer is a bank that processes credit and debit card transactions for a merchant.
Related Terms
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Remote Deposit
Remote deposit (or remote deposit capture) is the process of converting paper or mailed-in checks to an electronic file for processing.
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