Standard Entry Class Code definition

Standard Entry Class Code means a three-character code that identifies the type of an Entry.
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Standard Entry Class Code means a valid payment methods as under the NACHA Rules, which define the type of transaction, type of account, and any information specific to the format.
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Standard Entry Class Code. (“SEC Code”) means the three-character code that identifies payment types within an ACH batch.
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Examples of Standard Entry Class Code in a sentence

  • The parameters and variations of the limits shall be set at Bank’s discretion, including but not limited to limits based on dollar amounts and/or Standard Entry Class Code types.

  • Debit authorizations from consumers obtained over the Internet must be originated with the WEB Standard Entry Class Code.

  • An entry based on a consumer’s oral authorization must utilize the TEL Standard Entry Class Code.

  • We may block unapproved use of a Standard Entry Class Code or an unapproved cross-border transaction.

  • The parameters and variations of the limits shall be set at the Bank’s discretion, including but not limited to limits based on dollar amounts and/or Entry Standard Entry Class Code types.

  • Company may elect to receive ACH Addenda reports on all or some of the Standard Entry Class Code ACH Entries, as requested in writing or through the System.

  • Bank may block unapproved use of a Standard Entry Class Code or an unapproved cross-border transaction.

  • Company will not submit individual or total monthly Entries in excess of the maximum limits including, without limitation, dollar amounts and/or Standard Entry Class Code types, established by Bank, in its sole discretion, as may be amended from time to time.

  • You further acknowledge and agree that you are responsible for ensuring that international ACH transactions are properly identified using the IAT Standard Entry Class Code.

  • The parameters and variations of the limits shall be set at our discretion, including limits based on dollar amounts and/or Standard Entry Class Code types.


More Definitions of Standard Entry Class Code

Standard Entry Class Code means a three-character code that identi- fies the type of ACH Entry.
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Related to Standard Entry Class Code

  • Participating Class Members means all Class Members who do not submit valid

  • Released Class Claims means the claims being released as described in Paragraph 5.2 below.

  • Participating Class Member means a Class Member who does not submit a valid and timely Request for Exclusion from the Settlement.

  • the London Bombings Relief Charitable Fund means the company limited by guarantee (number 5505072), and registered charity of that name established on 11th July 2005 for the purpose of (amongst other things) relieving sickness, disability or financial need of victims (including families or dependants of victims) of the terrorist attacks carried out in London on 7th July 2005;

  • Non-Participating Class Member means any Class Member who opts out of the Settlement by sending the Administrator a valid and timely Request for Exclusion.