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None Business Technology Questions

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None Business Technology
Book funds transfer
  1. The process by which a cheque is presented to and accepted by the drawee bank, the institution on which it is drawn.
  2. The payment of expenses or discharge of a monetary obligation
  3. Credit Union Processing
  4. Transfers directly from one account to another account within a bank.
None Business Technology
Electronic data interchange
  1. The movement of funds by non-paper means (normally electronically), usually through a payment system such as the Automated clearing house (ACH) network or Fedwire.
  2. Strictly one of the the twelve Federal Reserve Banks which form a major part of the Federal Reserve System, the central banking system of the United States.
  3. The electronic exchange of business data between or within commercial entities (including their agents or intermediaries in some cases also public administrations), in a standard format, of data relating to a number of message categories, such as orders, invoices, customs documents, remittance advices and payments.
  4. The same-day value electronic funds transfer system operated in the US by the Federal Reserve Bank (Fed)
None Business Technology
Beneficiary
  1. Any movement of funds initiated by EDI is reflected in payment instructions flowing through the banking system
  2. The process by which a cheque is presented to and accepted by the drawee bank, the institution on which it is drawn.
  3. The party that is named by the grantor, settler or creator of the trust and is entitled, according to the terms in the respective trust deed, the benefit from the revenues of the trust.
  4. the central banking system of the United States
None Business Technology
What are the entity types that cover all the basis of Cignon v3?
  1. Entity Type, Master Entity, Process Type and Detail Entity Type
  2. Detail Entity Type, Master Entity and Process Type
  3. Abstract Entity, Process Type, Detail Entity
  4. Master Entity, Detail Entity Type and Entity Type
None Business Technology
Key performance indicator
  1. Magnetic Ink Character Recognition
  2. Such measures are used to help an organization define and evaluate how successful it is, typically in terms of making progress towards its long-term organizational goals.
  3. National Automated Clearing House Association
  4. A parent company (investing company) controls a subsidiary
None Business Technology
Settlement date
  1. Scheduled times at which a bank will release or pick up credit or debit transactions clearing through the ACH Network.
  2. The process by which a cheque is presented to and accepted by the drawee bank, the institution on which it is drawn.
  3. An automated clearing house (ACH) association or Federal Reserve Bank that processes and distributes ACH transactions received from an originating financial institution.
  4. The date on which a security transaction is settled, for example, payment is made and securities are physically received and delivered or beneficial ownership records are changed in central securities depositories.
None Business Technology
NACHA
  1. A measure of performance.
  2. National Automated Clearing House Association
  3. Scheduled times at which a bank will release or pick up credit or debit transactions
  4. Admin verified Atmosphere amount against Mastertax or Workday
None Business Technology
MICR
  1. National Automated Clearing House Association
  2. A parent company (investing company) controls a subsidiary
  3. Magnetic Ink Character Recognition
  4. The date on which a security transaction is settled, for example, payment is made and securities are physically received and delivered or beneficial ownership records are changed in central securities depositories.
None Business Technology
Disbursement
  1. A parent company (investing company) controls a subsidiary
  2. The payment of expenses or discharge of a monetary obligation
  3. EDI messages are structured computer-processable data formats that permit data to be transferred without rekeying and are then sent through public data transmission networks or banking systems channels.
  4. The movement of funds by non-paper means (normally electronically), usually through a payment system such as the Automated clearing house (ACH) network or Fedwire.
None Business Technology
Cheque clearing
  1. The process by which a cheque is presented to and accepted by the drawee bank, the institution on which it is drawn.
  2. Strictly one of the the twelve Federal Reserve Banks
  3. Credit Union Processing
  4. The same-day value electronic funds transfer system operated
None Business Technology
ACH credit transaction
  1. An automated clearing house (ACH) transaction that moves funds from the receiver’s account to the originator’s account
  2. An automated clearing house (ACH) association or Federal Reserve Bank that processes and distributes ACH transactions received from an originating financial institution.
  3. An automated clearing house (ACH) transaction that involves the transfer of funds from an originator’s account to a receiver’s account.
  4. A party which acts on behalf of - and with the authority of - another.
None Business Technology
Cash concentration or disbursement(CCD)
  1. The process by which a cheque is presented to and accepted by the drawee bank, the institution on which it is drawn.
  2. National Automated Clearing House Association
  3. Business Workflow
  4. An automated clearing house (ACH) payment format for concentration and disbursement of funds within a company or between companies.
None Business Technology
Where is the Determinations tab located?
  1. Insurance Affordability Case
  2. Integrated Case
  3. Product Delivery Case
  4. Person Page
None Business Technology
ACH
  1. transaction that involves the transfer of funds from an originator’s account to a receiver’s account.
  2. Automated Clearing House System
  3. transaction that moves funds from the receiver’s account to the originator’s account.
  4. association or Federal Reserve Bank that processes and distributes ACH transactions received from an originating financial institution.
None Business Technology
Agent
  1. A party which acts on behalf of - and with the authority of - another.
  2. The party that is named by the grantor, settler or creator of the trust and is entitled, according to the terms in the respective trust deed, the benefit from the revenues of the trust.
  3. Transfers directly from one account to another account within a bank.
  4. The payment of expenses or discharge of a monetary obligation
None Business Technology
ACH operator
  1. Credit Union Processing
  2. The party that is named by the grantor, settler or creator of the trust and is entitled, according to the terms in the respective trust deed, the benefit from the revenues of the trust.
  3. A party which acts on behalf of - and with the authority of - another.
  4. An automated clearing house (ACH) association or Federal Reserve Bank that processes and distributes ACH transactions received from an originating financial institution.
None Business Technology
ACH debit transaction
  1. An automated clearing house (ACH) association or Federal Reserve Bank that processes and distributes ACH transactions received from an originating financial institution.
  2. An automated clearing house (ACH) transaction that moves funds from the receiver’s account to the originator’s account.
  3. An automated clearing house (ACH) transaction that involves the transfer of funds from an originator’s account to a receiver’s account.
  4. Transfers directly from one account to another account within a bank.
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