ACH parameters

Arix uses ACH to push money into the account of a borrower, vendor, or creditor. CRB must approve every ACH payment that is sent.

There are two types of ACH rails:

  • COSACH

    • Via NACHA
    • Funded next day
  • COSACHSD

    • Via NACHA
    • Same day funding
{
    "LoanId": "bbedd717-8589-4411-b6da-ac6e0097bf51",
    "Rails": [
        {
            "ACHFields": {
                "StandardEntryClassCode": "PPD",
                "TransactionType": "push",
                "ToRoutingNumber": "021214891",
                "ToAccountType": "GL",
                "ToAccountName": "Test",
                "ToAccountNumber": "9999999999",
                "Description": "Test"
            },
            "Id": "23b5fedb-bc20-41a0-a4ae-ac9300b4530e",
            "RailType": "COSACH",
            "Priority": 1,
            "Amount": 100,
            "LoanId": "bbedd717-8589-4411-b6da-ac6e0097bf51",
            "MPLId": "TST",
            "IsFailed": false,
            "LoanType": "Undefined"
        }
    ]
}

Request parameters

Attributes

Description

ToRoutingNumber
string

Receiving bank's routing number.
The value entered for this field is validated up front and it must be 9 digits long.
Required

ToAccountName
string

Name on the customer account.
Limited to 22 characters.
Required

ToAccountNumber
string

Account number.
Limited to 17 digits.
Required

Description
string

Mapped to identification field in the NACHA file.
Limited to 15 characters.
Required

StandardEntryClassCode
string

The type of account:

  • PPD - consumer accounts
  • CCD - corporate accounts
    Required

TransactionType
string

Push.
Optional

ToAccountType
string

Checking account or savings account.
Required


Did this page help you?