Class_3_Letters

ACH Universal > Mapping > Mapping Fields > Class_3_Letters

Class_3_Letters

Usage: A three-digit (actually letters) code that identifies a payment application (sometimes called format).

Required: No

Restrictions: Must be a valid code. See List of Standard Entry Class Codes.

Class_3_Letters represent Standard Entry Class Code (SEC Code), sometimes called codes or formats, identify a transaction by type of payment and whether transaction is consumer or corporate.  SEC Codes apply to every ACH transaction.

A default code is specified in Account Setup.  This is the code ACH Universal will use for transactions unless otherwise instructed. To view or modify the existing default code, see Changing default SEC code.

The most commonly used codes are PPD (for consumer accounts) and CCD (for corporate accounts).  However, there are many others.  See List of Standard Entry Class Codes for more information.

Note:  Mapping class codes manually is very rare.  Normally it is preferable to allow ACH Universal to create the appropriate codes.

Page url: http://www.treasurysoftware.com/Help_ACH_Universal/index.html?ref_mapping_fields_class_3_letters.htm