Assertion: originating depository financial institution | /r/HasProperty | odfi
Facets:
Source sentences:
text: Originating Depository Financial Institution (ODFI)
text: Offers originating depository financial institutions (ODFIs) enhanced control, flexibility and automated ease in monitoring ACH risk, regardless of the network entry point or your ACH software
text: A commercial ACH Originator, usually a business or payment provider, creates one or more Nacha rules-formatted ACH files to submit to their Originating Depository Financial Institution (ODFI) to process payments each day.
text: Refer to Originating Depository Financial Institution (ODFI)
text: Originating Depository Financial Institution (ODFI)
text: The term Originating Depository Financial Institution (ODFI) is related to ACH (Automated Clearing House) services.
text: With each ACH transaction, there’s an Originating Depository Financial Institution (ODFI) and a Receiving Depository Financial Institution (RDFI).
text: In all ACH transactions, instructions flow from an originating depository financial institution (ODFI) to a receiving depository financial institution (RDFI).