Examples of Standard Entry Class Codes in a sentence
Merchant may only transmit Entries in the Standard Entry Class Codes indicated in the Application.
Uniform Commercial Code Article 4A (UCC 4A) Disclosure: In regard to the origination of “wholesale credit” entries (defined as incoming corporate ACH credit transfers containing Standard Entry Class Codes (SEC Codes) “CCD” and “CTX”), the Originating Depository Financial Institution (ODFI) may provide disclosure as required by UCC 4A to the CLIENT.
AB&T will accept ACH Entries originated by Customer that correspond to the following ACH Standard Entry Class Codes (“SEC Codes”), which are three-character codes that identifies types of NACHA- permitted ACH Entries: CCD – Corporate Credit or Debit – A credit ACH Entry, a debit ACH Entry, or a Non-Monetary ACH Entry originated by an Organization to or from the account of that Organization or another Organization.
By way of example, the foregoing restrictions and requirements may apply to your use of ARC, RCK, BOC, POP, WEB, IAT or TEL Standard Entry Class Codes, or if you are engaging in cross-border (International) transactions.
In regard to the origination of "wholesale credit" Entries, (defined as incoming corporate ACH credit transfers containing Standard Entry Class Codes "CCD" and "CTX"), Bank shall provide disclosure as required by Uniform Commercial Code Article 4A to Company.
You may not originate Entries using Standard Entry Class Codes other than CCD, CTX or PPD without prior notice to and written approval by us.
The regulations of this chapter apply when a development will increase the use of the trail system or will contribute to the need for additional trail facilities and application of the regulations is determined to be logically related and roughly proportional to the impacts of the proposed development.
ACH Standard Entry Class Codes (“SEC”) currently originated by Company authorized for ACH Origination Services include the following: Either a credit or debit where funds are either distributed or consolidated between corporate entities.
Client shall transmit valid Standard Entry Class Codes CIE, COR, PPD, TEL, and WEB debit and credit Entries to Bank in compliance with the formatting/security and other requirements set forth in Schedule B.
Failure to disclose Third Party Sender activity is a breach of the Terms and Conditions and can result in termination of Service(s).(k)(iii) We may permit you to originate certain types of ACH Entries, identified by Standard Entry Class Codes.