Types of Entries. Bank will transmit debit and/or credit Entries initiated by Company to the ACH Network as provided in the NACHA Rules and this Agreement. ACH Standard Entry Class Codes (“SEC”) currently originated by Company authorized for ACH Origination Services include the following: Either a credit or debit where funds are either distributed or consolidated between corporate entities.
Appears in 3 contracts
Sources: Treasury Management Services Agreement, Treasury Management Services Agreement, Treasury Management Services Agreement