SEC Codes
CIE
An SEC code is a three letter code that describes how a payment was authorized by the consumer or business receiving an ACH transaction. SEC stands for 'Standard Entry Class'. SEC codes are defined and maintained by NACHA, the governing body for the ACH network.
SEC Code
CIE
Definition
Customer Initiated Entry
Transaction Type
Credit Single Entry
Account Type
Consumer Originated
Requirement
Agreement: Originator and Receiver
What is Standard Entry Class (SEC) code CIE?
SEC code CIE stands for Customer Initiated Entry. This SEC code is used in the context of Automated Clearing House (ACH) transactions, which are electronic payments or collections made through the ACH network.
CIE is used for credit applications initiated on behalf of, and upon the instruction of, a consumer to transfer funds to a non-consumer Receiver.
What is the Transaction Type for SEC code CIE?
The transaction type for CIE is Credit Single Entry.
More
SEC Codes
Search our database of SEC codes.
ACKACH Payment Acknowledge
ADVAutomated Accounting Advice
ARCAccounts Receivable Entry
ATXFinancial EDI Acknowledgment
BOCBack Office Conversion Entry
CCDCorporate Credit or Debit Entry
CIECustomer Initiated Entry
CORNotification of Change or Refused Notification of Change
CTXCorporate Trade Exchange
DNEDeath Notification Entry
ENRAutomated Enrollment Entry
IATInternational ACH Transaction
MTEMachine Transfer Entry
POPPoint of Purchase Entry
POSPoint of Sale Entry
PPDPrearranged Payment and Deposit
RCKRe-presented Check Entry
SHRShared Network Transaction
TELTelephone- Initiated Entry
TRCTruncated Entry
TRXTruncated Entry Exchange
WEBInternet Initiated/ Mobile Entry
XCKDestroyed Check Entry