CIE (Customer Initiated Entry)

A standard entry class code that enables a consumer to initiate an ACH credit into the ACH network whereby funds will be transferred to a company for payment of funds owed to that company. CIE entries are limited to credit applications.

Related Terms

  • ATX (Financial EDI Acknowledgement)

    An ATX entry is an acknowledgement by the receiving depository financial institution (RDFI) confirming the receipt of a corporate trade exchange (CTX) credit entry.

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  • EFT (Electronic Funds Transfer)

    The electronic exchange or transfer of money from one account to another, either within a single financial institution or across multiple institutions, through computer-based systems.

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