Originating depository financial institution (ODFI)
nounverified·updated May 9, 2026
A participating financial institution that originates entries at the request of and by agreement with its originators in accordance with the provisions of the NACHA rules.
Framework senses
Federal Financial Institutions Examination Council (FFIEC) IT Examination Handbook Infobase, Glossary1 senseview framework →
- §1
- A participating financial institution that originates entries at the request of and by agreement with its originators in accordance with the provisions of the NACHA rules.
- §1 · legacy_primary
- A participating financial institution that originates entries at the request of and by agreement with its originators in accordance with the provisions of the NACHA rules.DR-088 backfill from the noun definition column