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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...
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Demand Deposit Account
Traditional savings and checking accounts are generally demand deposit accounts.
Related Terms
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PBR (Consumer Cross-Border Payment)
A PBR entry is a debit or a credit entry to or from the account of a consumer where the participants are in two different countries.
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