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What Does Return Mobile ACH Payment Mean?

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Originating Depository Financial Institution (ODFI) The ODFI receives the request from the Originator and passes it to the ACH Operator. ACH Operator The ACH Operator links the two accounts by processing transactions (e.g., It receives the ACH entry and submits it to the Receiver.

ACH 52
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ACH SEC Codes

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DNE – Death Notification Entry *. BOC – Back Office Conversion Entry. POS – Point-of-Sale Entry. ENR – Automated Enrollment Entry. CCD/CCD+ – Corporate Credit or Debit Entry. PPD/PPD+ – Prearranged Payment and Deposit Entry. ATX – Financial EDI Acknowledgment.