BOC (Back Office Conversion)

A BOC entry is a one time debit entry to the account of a receiver whom has, at the point of purchase, been notified that their check (source document) will be converted into a single entry ACH transaction.

Related Terms

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    A notice made only by the federal government to notify the receiving depository financial institution (RDFI) of the death of a receiver.

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  • Hosted Tokenization

    Hosted tokenization enables payments inside of software applications to be processed without exposing the actual payment information, such as a credit card number. Learn More

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