ACH Operations SEC Codes Settlement 
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. .
Payment Savvy
FEBRUARY 23, 2023
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., clearing, delivery, settlement). Why Do ACH Returns Happen?
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