X9 Standards Flashcards

(35 cards)

1
Q

Which standard is X9.100-111?

A

Check Endorsements

*only for physical or paper checks

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2
Q

Which standard is X9.100-188

A

Return Reasons for Check

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3
Q

What standard is X9.100-140

A

IRD-Image Replacement Document

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4
Q

Set of specific documents with the goal to provide structure to facilitate electronic movement or exchange of check-related data and images.

A

Check payment Standards

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5
Q

Who provides the check image exchange standards?

A

Accredited Standards Committee (ASC) X9, Inc

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6
Q

X9 Standards are accredited by who?

A

(ANSI)
American National Standard Institute

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7
Q

Who is ANSI?

A

American National Standards Institute

A group within the National Institute of Standards & Technology (NIST) which reports to the US Department of Commerce.

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8
Q

Provides location for all physical check endorsement?

A

X9.100-111: Check Endorsement

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9
Q

Provides specification for standard machine-readable substitute documents:

A

X9100-140: Image Replacement Document-IRD

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10
Q

Part 1: placement and location of MICR fields
Part 2: EPC field use

A

X9.100-160: Magnetic Ink Printing
(MICR)

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11
Q

Provides industry with return reason codes for both image exchange and IRD creation.

A

X9.100-188: Return reason for check image exchange and IRD

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12
Q

Provides industry with format to preform electronic check exchange forward and return.

A

X9.100-187: Electronic Exchange of Check and Image Data.

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13
Q

What is provided in the X9.100-111 standard?

A

-Location for all physical check endorsements and electronic endorsement overlay.
-specific parameters for background and design elements on back of check.
-Placement data content of endorsements.

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14
Q

Most common EPC codes?

A

-2: Return of Original check
-4: IRD
-5: Return of IRDs
-6: RCC-Remotely created check

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15
Q

What conveys special information for correct handling or routing of check/check data to FIs or other processors?

A

EPC code

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16
Q

Where on the MICR line is the EPC found?

A

MICR field 6, position 44. Located to the immediate left of routing number.

17
Q

What document establishes and formalizes industry usage of X9.100-187 standard by defining which records must be used for check image exchange?

A

Technical Report 47(TR 47)
Aka.
Universal companion Document(UCD)

18
Q

First record (Type 01)

A

File Header Record

19
Q

Type 10 record?

A

Cash letter header record

20
Q

Typer 20?

A

Bundle header record

21
Q

Type 25

A

Check detail record

22
Q

Type 26

A

Check detail addendum a record

23
Q

Type 27

A

Check detail addendum B record type

24
Q

Type 28

A

Check detail addendum c record

25
Type 31
Return record
26
Type 32
Return addendum a record
27
Type 33
Return addendum B record
28
Type 34
Return addendum C record
29
Type 35
Return addendum D record
30
Type 50
Image view detail record
31
Type 52
Image view data record
32
Type 70
Bundle control record
33
Type 90
Cash Letter Control Record
34
Type 99
File Control record
35
Which standard is the X9.100-187?
Electronic checks