-
Consumer Account
An account held at a development financial institution (DFI) which has been opened by a natural person and is used for personal needs.
Learn More
RCK (Re-presented Check)
An additional presentment of an eligible returned paper check through the ACH network.
Related Terms
-
POS (Point-of-Sale)
A one time debit entry to the account of a receiver where the entry is initiated at an electronic terminal. POS transactions are generally initiated with a...
Learn More
