Standard ACH File Formats

These are the standard ACH file formats available in Traverse:

• ADV - Automated Accounting Advice: This Standard Entry Class Code represents an optional service provided by ACH operators that identifies automated accounting of ACH accounting information in machine-readable format to facilitate the automation of accounting information for participating DFIs.
• CCD - Corporate Credit or Debit: Can be used to consolidate and sweep cash funds within an entity's controlled accounts, or make/collect payments to/from other corporate entities.
• PPD - Prearranged Payment and Deposit Entry: This is used for credit transactions such as direct deposit of payroll, pension, dividends, as well as debit transactions such as payment of utility bills, mortgages, loans and other recurring payments.