CCD (Corporate Credit or Debit)

A CCD entry is a credit or debit entry where funds are being transferred between two corporate entities.

Related Terms

  • Originator

    A company, individual or entity that initiates entries into the ACH network.

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  • PPD (Prearranged Payment and Deposit)

    A credit or debit entry to the account of a receiver where there is either a standing or one time written authorization that has been signed or...

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