Questions and Answers
What is the purpose of the SEC Code Chart?
To identify different types of ACH entries for payment transactions
Which code is used for payment transactions involving a financial agency's office outside the territorial jurisdiction of the United States?
IAT
Which code is used for entries initiated by an organization based on a standing or single-entry authorization from a receiver to transfer funds to or from a consumer account?
PPD
Which code is used for single-entry debits initiated by an originator based on an eligible source document provided by the receiver at the point of purchase or a manned bill payment location?
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Which code is used for debit entries initiated at an electronic terminal in a shared network where the ODFI and RDFI have an agreement to process such entries?
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Which code is used for debits initiated by an originator based on an oral authorization obtained over the telephone to transfer funds from a consumer account?
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Which code is used for debit entries initiated at an electronic terminal to transfer funds from a consumer account to pay an obligation incurred in a point-of-sale transaction or to effect a point-of-sale terminal cash withdrawal?
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Which code is used for entries initiated at an electronic terminal, such as an ATM, to transfer funds to or from a consumer account?
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Which code is used for single-entry debits constituting a presentment notice of an item eligible under Article Two, Subsection 2.5.13.3?
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Which code is used for debit entries initiated pursuant to a check truncation program that permits the truncation of a single check or multiple checks drawn on the same paying bank?
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Which code is used by a participating DFI to enroll an account holder in a service that enables entries to their account?
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Which code is used by federal government agencies to inform an RDFI of the death of a receiver?
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What is the purpose of the SEC Code Chart?
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Which code is used for payment transactions involving a financial agency's office outside the territorial jurisdiction of the United States?
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Which code is used for entries initiated by an organization based on a standing or single-entry authorization from a receiver to transfer funds to or from a consumer account?
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Which code is used for single-entry debits initiated by an originator based on an eligible source document provided by the receiver at the point of purchase or a manned bill payment location?
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Which code is used for debit entries initiated at an electronic terminal in a shared network where the ODFI and RDFI have an agreement to process such entries?
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Which code is used for debits initiated by an originator based on an oral authorization obtained over the telephone to transfer funds from a consumer account?
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Which code is used for debit entries initiated at an electronic terminal to transfer funds from a consumer account to pay an obligation incurred in a point-of-sale transaction or to effect a point-of-sale terminal cash withdrawal?
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Which code is used for entries initiated at an electronic terminal, such as an ATM, to transfer funds to or from a consumer account?
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Which code is used for single-entry debits constituting a presentment notice of an item eligible under Article Two, Subsection 2.5.13.3?
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Which code is used for debit entries initiated pursuant to a check truncation program that permits the truncation of a single check or multiple checks drawn on the same paying bank?
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Which code is used by a participating DFI to enroll an account holder in a service that enables entries to their account?
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Which code is used by federal government agencies to inform an RDFI of the death of a receiver?
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What is the SEC Code Chart used for?
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What is the DNE code used for?
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What is the ENR code used for?
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What is the IAT code used for?
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What is the MTE code used for?
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What is the POP Entry code used for?
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What is the POS Entry code used for?
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What is the PPD code used for?
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What is the RCK code used for?
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What is the SHR code used for?
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What is the TEL code used for?
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What are the TRC and TRX codes used for?
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Study Notes
ACH Code Chart for Payment Transactions
- The SEC Code Chart provides the codes that identify different types of Automated Clearing House (ACH) entries for payment transactions.
- The Death Notification Entry (DNE) code is used by federal government agencies to inform a receiving depository financial institution (RDFI) of the death of a receiver.
- The Automated Enrollment Entry (ENR) code is used by a participating DFI to enroll an account holder in a service that enables entries to their account.
- The International ACH Transaction (IAT) code is used for payment transactions involving a financial agency's office outside the territorial jurisdiction of the United States.
- The Machine Transfer Entry (MTE) code is used for entries initiated at an electronic terminal, such as an ATM, to transfer funds to or from a consumer account.
- The Point-of-Purchase (POP) Entry code is used for single-entry debits initiated by an originator based on an eligible source document provided by the receiver at the point of purchase or a manned bill payment location.
- The Point-of-Sale (POS) Entry code is used for debit entries initiated at an electronic terminal to transfer funds from a consumer account to pay an obligation incurred in a point-of-sale transaction or to effect a point-of-sale terminal cash withdrawal.
- The Prearranged Payment and Deposit (PPD) code is used for entries initiated by an organization based on a standing or single-entry authorization from a receiver to transfer funds to or from a consumer account.
- The Re-presented Check Entry (RCK) code is used for single-entry debits constituting a presentment notice of an item eligible under Article Two, Subsection 2.5.13.3.
- The Shared Network Transaction (SHR) code is used for debit entries initiated at an electronic terminal in a shared network where the ODFI and RDFI have an agreement to process such entries.
- The Telephone-Initiated Entry (TEL) code is used for debits initiated by an originator based on an oral authorization obtained over the telephone to transfer funds from a consumer account.
- The Truncated Entry (TRC) and Truncated Entries Exchange (TRX) codes are used for debit entries initiated pursuant to a check truncation program that permits the truncation of a single check or multiple checks drawn on the same paying bank.
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