Receiving Depository Financial Institution - How is Receiving Depository Financial Institution abbreviated?
RDFI (redirected from Receiving Depository Financial Institution)
Also found in: Financial
|RDFI||Receiving Depository Financial Institution (Automated Clearing House transactions)|
|RDFI||Radio Frequency Identification|
References in periodicals archive
The Reserve Banks and private-sector ACH operators (PSOs) rely on each other to process some transactions in which either the originating depository financial institution or receiving depository financial institution
is not their customer.
A payment from another country transmitted into the network is treated no differently by a receiving depository financial institution
than an entry originated domestically.
Concurrent with the release of 2016 ACH volume information, NACHA also announced the Top 50 Originating Depository Financial Institutions and Receiving Depository Financial Institutions