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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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WEB – Internet-Initiated/Mobile Entry. TRX – Truncated Entry Exchange. XCK – Destroyed Check Entry. * (this Standard Entry Class code can only be used by Federal Government Agency). Some codes also have a restriction on which entity can use them, as was the case for the Death Notification Entry.