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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.
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Settlement Date
The date an exchange of funds will be reflected on the books of the Federal Reserve Bank.
Related Terms
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WEB (Internet Initiated Entries)
A standard entry class code that enables an originator to debit a consumer’s account pursuant to an authorization obtained from the receiver via the internet.
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