-
PPD (Prearranged Payment and Deposit)
A credit or debit entry to the account of a receiver where there is either a standing or one time written authorization that has been signed or...
Learn More
Surcharge
A surcharge is an extra fee that’s added to the regular total amount.
Related Terms
-
Settlement Date
The date an exchange of funds will be reflected on the books of the Federal Reserve Bank.
Learn More
