What type of Check information must an Originator capture during the initial process for a BOC Entry?

What type of Check information must an Originator capture during the initial process for a BOC Entry?

• A. Check number only
• B. Routing number and account number
• C. Receiver's address
• D. Transaction amount only

Answer: (B)

When processing a BOC (Back Office Conversion) entry, it's essential for the Originator to capture both the routing number and account number associated with the check. This information is crucial for the successful electronic processing and clearance of the transaction within the ACH network. The routing number identifies the financial institution that holds the account, while the account number specifies the exact account from which the funds will be withdrawn. Correctly collecting this information ensures that both the check's validity is verified and that the transaction is appropriately routed for payment. Other options, such as capturing only the check number, the transaction amount, or the receiver's address, do not adequately secure the necessary details for processing a BOC entry. While these may be important in different contexts or transactions, they do not meet the specific requirements established for BOC entries under the NACHA Operating Rules.

When processing a BOC (Back Office Conversion) entry, it's essential for the Originator to capture both the routing number and account number associated with the check. This information is crucial for the successful electronic processing and clearance of the transaction within the ACH network.

The routing number identifies the financial institution that holds the account, while the account number specifies the exact account from which the funds will be withdrawn. Correctly collecting this information ensures that both the check's validity is verified and that the transaction is appropriately routed for payment.

Other options, such as capturing only the check number, the transaction amount, or the receiver's address, do not adequately secure the necessary details for processing a BOC entry. While these may be important in different contexts or transactions, they do not meet the specific requirements established for BOC entries under the NACHA Operating Rules.