-
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...
Learn More
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.
Related Terms
-
Settlement Date
The date an exchange of funds will be reflected on the books of the Federal Reserve Bank.
Learn More
