CIE (Customer Initiated Entry)

A standard entry class code that enables a consumer to initiate an ACH credit into the ACH network whereby funds will be transferred to a company for payment of funds owed to that company. CIE entries are limited to credit applications.

Related Terms

  • Chargeback (Card Processing)

    A chargeback is a transaction that is returned by the card issuer to a merchant’s acquirer bank because of a dispute, processing or point-of-sale error, or fraudulent...

    Learn More

  • SHR (Shared Network Transaction)

    A one time debit entry to the account of a receiver where the entry is initiated at an electronic terminal. The entry is initiated into a shared...

    Learn More