ACH parameters
Arix uses ACH to push money into the account of a borrower, vendor, or creditor. CR must approve every ACH payment that is sent.
There are two types of ACH rails:
- Via NACHA
- Funded next day
- Via NACHA
- Same day funding
Attributes | Description |
ToRoutingNumber string | Receiving bank's routing number. The value entered for this field is validated up front and it must be 9 digits long. Required |
ToAccountName string | Name on the customer account. Limited to 22 characters. Required |
ToAccountNumber string | Account number. Limited to 17 digits. Required |
Description string | Mapped to identification field in the NACHA file. Limited to 15 characters. Required |
StandardEntryClassCode string | The type of account: - PPD - consumer accounts - CCD - corporate accounts Required |
TransactionType string | Push Required |
ToAccountType string | Checking account or savings account. Required |