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Glossary

Data Transmission

The electronic exchange of information between 2 or more data processing points.

Debit

An entry to request transfer or withdrawal of funds from an account.

Debit Transaction

A payment transaction originated by a payee for which you have authorized us to withdraw funds from your account.

Debits

Amount withdrawn from your account as part of a transaction.

Deposits

Amount deposited into your account as part of a transaction.