Discover our latest AI-powered innovations around faster payments, smarter workflows, and real-time visibility.Learn more →

SEC Codes

COR

An SEC code is a three letter code that describes how a payment was authorized by the consumer or business receiving an ACH transaction. SEC stands for 'Standard Entry Class'. SEC codes are defined and maintained by NACHA, the governing body for the ACH network.

SEC Code
COR
Definition
Notification of Change or Refused Notification of Change
Transaction Type
Non-Monetary
Account Type
Consumer or Non-Consumer
Requirement
N/A

What is Standard Entry Class (SEC) code COR?

SEC code COR stands for Notification of Change or Refused Notification of Change. This SEC code is used in the context of Automated Clearing House (ACH) transactions, which are electronic payments or collections made through the ACH network.

COR is used to indicate the need to correct or change account information previously provided in an entry processed through the ACH network. Typically, the Receiving Depository Financial Institution (RDFI) sends the Notification of Change to the Originating Depository Financial Institution (ODFI)..

What is the Transaction Type for SEC code COR?

The transaction type for COR is non-monetary.

Try Modern Treasury

See how smooth payment operations can be.

Talk to sales
More

SEC Codes

Search our database of SEC codes.

Subscribe to Journal updates

Discover product features and get primers on the payments industry.

Subscribe

Products

Platform

Modern Treasury For

Case Studies

Insights

Documentation

Company

Legal


Popular Integrations

© Modern Treasury Corp.