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(USED CODE)Check type of Summer Program: (Separate contract required for each)The State Education Department Transportation Unit, Room 475 EBA Albany, New York 12234 Special Education District operated
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What is sed code?
The Standard Entry Class (SEC) code, commonly referred to as sed code, is a three-character code that identifies the payment type in an ACH transaction.
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Originators of ACH transactions are required to file sed codes.
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The sed code is included in the ACH entry detail record within an ACH file when submitting the transaction.
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The sed code is used to categorize and identify different types of ACH transactions for processing and reporting purposes.
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The sed code must accurately reflect the type of payment being made, such as payroll, vendor payments, or consumer debits.
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