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Word(s) in meaning: chat  "global warming"
Postal codes: USA: 81657, Canada: T5A 0A7

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What does ARC stand for?

Accounts Receivable Conversion (banking; aka check conversion)


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This definition appears very rarely and is found in the following Acronym Finder categories:

  • Business, finance, etc.

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Samples in periodicals archive:
Then the bank presents the checks as electronic debits to the payors' bank accounts under the accounts receivable conversion (ARC) program.
Consumer checks converted to electronic: Accounts Receivable Conversion (ARC), which enables consumers' check bill payments to be converted, processed and settled as electronic debit transactions, is the fastest growing application in the Automated Clearing House (ACH) network's history.
In check conversion, checks are converted into ACH debits either at the point of sale or through an accounts receivable conversion (lockbox) service.
The program can also collect electronic items including ACH originations and check conversions, such as back office conversions (BOC), accounts receivable conversions (ARC) and Web-authorized payments (WEB) with no equipment or hardware requirements.
In addition to processing NSF checks, Re$ubmitIt also processes ACH originations and check conversions, including back office conversions (BOC), accounts receivable conversions (ARC) and Web-authorized payments (WEB).
In addition to processing returned paper checks, Re$ubmitIt also processes electronic items, including ACH originations and check conversions, such as back office conversions (BOC), accounts receivable conversions (ARC) and Web-authorized payments (WEB).
Open Solutions announced it has extended its remote deposit capture services to include back office conversion (BOC) and accounts receivable conversion (ARC).
This new payments service, currently offered to merchants by BankServ, a major supplier of bank-branded Check 21 and Accounts Receivable Conversion ("ARC") services for the banking industry, is enabled by leveraging IP Commerce's IP Payments Framework(TM) (IPPF).

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