-
DNE (Death Notification Entry)
A notice made only by the federal government to notify the receiving depository financial institution (RDFI) of the death of a receiver.
Learn More
Business Day
Refers to any weekday with the exception of federal holidays.
Related Terms
-
Lockbox
Lockbox refers to banking in which the funds are placed in a physical storage unit (such as a post office box). A bank would then visit the...
Learn More
