Payment types defined by CGI
Table of contents
Following payment types are defined by CGI's Credit Transfer/Payment Status Work Group (WG1)
- ACH - Domestic & International: General usage is equivalent to low value or non-urgent transactions. Typically associated with a batch process and/or low priority transactions.
- Wires - Domestic & International: General usage is equivalent to high value or urgent transactions with high priority
- Cheques/Drafts: Typically, paper based transactions
Source: Credit Transfer Appendix B - Country Specific Data Requirements - APPROVED (10.9.2014)