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ACK (ACH Payment Acknowledgement)
An ACK entry is an acknowledgement by the receiving depository financial institution (RDFI) confirming the receipt of a corporate credit or debit (CCD) credit entry.
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RCK (Re-presented Check)
An additional presentment of an eligible returned paper check through the ACH network.
Related Terms
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Corporate Trade Exchange (CTX)
A corporate trade exchange (CTX) is a system used by corporations and agencies of the government for monetary transfer. They are primarily used to pay trading partners...
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