Stax

JUNE 23, 2025

In this article, we will look at the role of ACH API, how it works, and how you can implement it for your company. The operator will send the files to the recipient’s bank, which is called the RDFI (Receiving Depository Financial Institution). You will know if the RDFI has pulled the funds when you receive your payment.

ACH

EBizCharge

OCTOBER 17, 2023

This article will explore the processes involved in ACH payments, explaining how to distinguish returns vs. reversals and answering common questions such as what is an ACH return and can you reverse an ACH payment? Once the return has been initiated, the ODFI will receive a return entry from the RDFI. What is an ACH return?

ACH

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. There’s the ODFI, which stands for Originating Depository Financial Institution, and there’s the RDFI, which stands for Receiving Depository Financial Institution.

SEC Codes