ENR (Automated Enrollment Entry)

ENR entries are initiated by an receiving depository financial institution (RDFI), at the request of a receiver, to enroll the receiver in direct deposit or direct payment to a federal government agency.

Related Terms

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    An account held at a development financial institution (DFI) which has been opened by a natural person and is used for personal needs.

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    Merchants are charged a fee for the processing services that enable them to accept cards as payment. This fee, called the "merchant discount” or "discount rate,” is...

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