The TEL Class Code is used to originate a Single Entry Debit Transaction to a consumer's account based on oral authorization obtained from the consumer over the telephone.
This type of transaction can only be originated when there is either an existing relationship between the Originator and Receiver or when the Receiver initiates the telephone call if a relationship does not previously exist.
If you can create this report ....
.... ACH Universalâ„¢ can produce this for you:
We provide comprehensive default features and fields that you can use -or override- at any time. With ACH Universalâ„¢, you have full control of every field in the ACH-NACHA formatted file.
In addition, you can easily create profiles for your customers, employees and vendors which store detailed information - similar to a payroll package's employee profile that contains name, address, tax information.
-- Or --
If your accounting package, billing system or in-house solution allows you to prepare reports with account numbers and ABA routing numbers, you can simply import a single file that looks like this: