-
Auxiliary On-Us Field
A field on the magnetic ink character recognition (MICR) line of a check or share draft. This is an optional field that can be found to the...
Learn More
Originator
A company, individual or entity that initiates entries into the ACH network.
Related Terms
-
Receiver
Any company, organization or entity authorizing an originator to initiate an ACH credit or ACH debit transaction.
Learn More