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

  • ACH Credit

    An ACH credit occurs when the receiver’s account is credited.

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  • Merchant Account

    An account opened through a payment processor or financial institution that allows payees to accept credit card payments from a payer.

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