Aprp vocab Study guides, Class notes & Summaries

APRP Vocab

ACH - CORRECT ANSWER Automated Clearing House ACH Network - CORRECT ANSWER Backbone for the electronic movement of money and data, a processing and delivery system that provides for the distribution and settlement among financial institutions of electronic credits and debits, as well as, non-monetary entries with payment related information ACH Operator - CORRECT ANSWER Central clearing facility that receives entries from the ODFIs and distributes the entries to the appropriate Receiving ...

ACH - CORRECT ANSWER Automated Clearing House ACH Network - CORRECT ANSWER Backbone for the electronic movement of money and data, a processing and delivery system that provides for the distribution and settlement among financial institutions of electronic credits and debits, as well as, non-monetary entries with payment related information ACH Operator - CORRECT ANSWER Central clearing facility that receives entries from the ODFIs and distributes the entries to the appropriate Receiving ...

ACH - CORRECT ANSWER Automated Clearing House ACH Network - CORRECT ANSWER Backbone for the electronic movement of money and data, a processing and delivery system that provides for the distribution and settlement among financial institutions of electronic credits and debits, as well as, non-monetary entries with payment related information ACH Operator - CORRECT ANSWER Central clearing facility that receives entries from the ODFIs and distributes the entries to the appropriate Receiving ...