MTE (Machine Transfer Entry)

An entry initiated at an electronic terminal, such as an automated teller machine (ATM). This entry can either be a debit or a credit.

Related Terms

  • 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

  • On-Us Entry

    Occurs when both the receiver and originator of a transaction have depository accounts at the same depository financial institution.

    Learn More