ABA system type

ABA file format is a format used by banks to allow for batch transactions. The following information needs to be filed in to allow the ABA file to be Extracted into Readysell.

CodeDescriptionDefault Value
FINANCIAL-INSTITUTION3 character code representing your financial institution
INCLUDE-CONTRA-ITEMWhether the last item in the ABA file should be a contra (debit) item for the sending accountTRUE
USER-NAMEName of the user that supplies the ABA file as advised in application (up to 26 characters)
USER-NUMBER6 digit number of the user that supplies the ABA file as allocated by APCA
DESCRIPTIONDescription to use on ABA files (up to 12 characters)PAYMENT DATA