-
ENR (Automated Enrollment Entry)
ENR entries are initiated by an receiving depository financial institution (RDFI), at the request of a receiver, to enroll the receiver in direct deposit or direct payment...
Learn More
Value Added Reseller (VAR)
A value added reseller is a company that sells products and / or services that are repackaged for specific needs.
Related Terms
-
Settlement Date
The date an exchange of funds will be reflected on the books of the Federal Reserve Bank.
Learn More