Frequently Asked QuestionsWhat does ODFI (Originating Depository Financial Institution) mean?

The ODFI is the originator's bank, also known as the originating depository financial institution. This bank takes the ACH transaction and batches it together with other ACH transactions to be sent out at regular times throughout the day to the different RDFIs (Receiving Depository Financial Institution). 

FAQ Topics

Other Topics in
ACH

• What is the difference between E-check acceptance and ACH?
• What is an Orginator?
• What does ODFI (Originating Depository Financial Institution) mean?
• What Does RDFI (Receiving Depository Financial Institution) mean?
• What is an ACH Operator?
• What is ACH Proof of Authorization (POA)?
• What is ACH?
• What is NACHA?

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