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What does RDFI stand for?

RDFI stands for Receiving Depository Financial Institution (Automated Clearing House transactions)

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

  • Organizations, NGOs, schools, universities, etc.
  • Business, finance, etc.

See other definitions of RDFI

Samples in periodicals archive:

With unauthorized and administrative returns, the receiving depository financial institution (RDFI) often bears the cost of exception processing and customer service when it has no fault for the return.
A payment from another country transmitted into the network is treated no differently by a receiving depository financial institution than an entry originated domestically.
Currently in live production at one of the country's 10 largest receiving depository financial institutions (RDFIs), the eGistics centralized ACH archive helps financial institutions better respond to the operational and risk management challenges presented by rising electronic payment volumes.
The addition of the IAT entry code will assist originating depository financial institutions (ODFIs) and receiving depository financial institutions (RDFIs) in identifying international transactions, which sometimes appear as domestic transactions and require greater scrutiny.
The addition of the IAT entry code will assist originating depository financial institutions (ODFIs) and receiving depository financial institutions (RDFIs) in identifying international transactions, which sometimes appear as domestic transactions and require greater scrutiny.