PYEF - TAPE02

Electronic Fund Transfer (EFT) Processing

Code Category: PYEF

Code Value: TAPE02

Short Description: Used to describe the common code.

Medium Description: Used to describe the common code.

Long Description: Used to describe the common code.

Associated Numeric Values

1-5: Reserved for future use.

Associated Codes

1: Enter SD to have the Same Day Indicator appear in position 64 of the EFT record.

2: Enter the originator status code.

• 1 identifies the originator as an Originating DFI (an ACH Association member) as defined in these rules.
• 2 identifies the originator as a federal government entity or agency not subject to these rules.
• 3 identifies the originator as not an Originating DFI (not an ACH Association member) but subject to these rules.
• 0 is the default value if this code does not exist or if something besides 1, 2, or 3 is entered in code 2.

3: Reserved for future use.

4: UNIXREMLABEL causes a UNIX remlabel command to be issued against the EFT file built. This is a convenience for UNIX sites to prepare the file to send to the bank.

This should not be used if the EFT file is to be merged later with other files. The merge process will not read the files correctly.

5: Enter DISK or DISC to save as a permanent file.

The file is not written to a tape file.

Associated Descriptions

1: This field is used to provide Company Discretionary Data, such as codes or descriptions for all the entries in the batch. These codes and descriptions are of significance only to the company and appear on all returned items. Enter PERIOD for the system to place PAYROLLnnnnnnn (where nnnnnnn is the period number) in the User Discretionary Data area of the EFT file.

2: Enter the Company Identification Number. The ANSI identification number should identify the company. The first digit in the ANSI format is the Identification Code Designator (ICD). The most frequently used numbers and their related ICDs are:

• 1 IRS Employer Identification Number (EIN)
• 2 Social Security Number (SSN)
• 3 Data Universal Numbering System (DUNS)

3: Enter PPD if the transaction is a pre-arranged payment or deposit and CCD if it is a Cash Concentration.

4: Enter a description of the entry (for example, Payroll).

5: Enter the tape device number. If DISK or DISC was entered as the Associated Code (5), enter the name of the file to be written. Enter PERIOD for the system to name the file Ennnnnnn, where nnnnnnn is the period number (for example, E9301001).