ACH Entry SEC Codes Settlement 
Payment Savvy
FEBRUARY 23, 2023
ACH Operator The ACH Operator links the two accounts by processing transactions (e.g., clearing, delivery, settlement). It receives the ACH entry and submits it to the Receiver. Receiver The receiver is the individual or company that allows the Originator to initiate an ACH entry.
Payment Savvy
NOVEMBER 10, 2022
However, we want to help you get a better understanding of certain terms – and that’s what we will do in this article with SEC codes. Below, you will find all the information you might need about ACH transactions, in which those codes are used, as well as what they are, and share with you some real life examples. .
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