Definitions for "ODFI"
Keywords:  depository, ach, nacha, abide, inancial
Originating Depository Financial Institution. The financial institution, which delivers ACH entries directly or indirectly through a third party to its ACH operator.
( riginating epository inancial nstitution) a financial institution that delivers ACH transactions through a third party to its ACH operator Originator – a person/organization who authorizes/initiates transactions through the ACH network
See Originating Depository Financial Institution.