custom eft file format mention <ChrgBr>OUR&l...
# ask-stanley-ai
m
custom eft file format mention <ChrgBr>OUR</ChrgBr> what is this ?
c
AI generated answer (using internal Slack threads):
The
<ChrgBr>OUR</ChrgBr>
tag you're referring to is likely part of an Electronic Funds Transfer (EFT) file format. EFT files are used for transferring money between bank accounts, and they need to follow a specific format that's acceptable to the bank where they're being uploaded. In this context,
<ChrgBr>
is a tag that specifies who is to bear the charges of the transaction. The
OUR
value indicates that the charges are to be borne by the sender (or ordering customer). This is a standard code used in EFT file formats and other banking transactions. So, if you see
<ChrgBr>OUR</ChrgBr>
in an EFT file, it means that the sender of the funds will bear any charges associated with the transaction. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******
Slack thread 1: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.834579945
Slack thread 2: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.822060883
Slack thread 3: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.821412385
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