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Question: What SEC Code is used when debiting a commercial account? Follow-up question, what SEC Code is used when debiting a consumer account?

 

Answer: The answer is dependent upon channel and method of authorization.

 

If the Originator is debiting a Business / Commercial account (B2B) the SEC Code is CCD regardless of the channel or method of authorization.

 

If the Originator is debiting a Consumer account (P2B or P2P), the methodof authorization determines which SEC Code to use.

 

With a written authorization, the SEC Code is PPD Debit Single Entry.

 

With online/mobile app authorization, the SEC Code is PPD Debit Single Entry.

 

With oral telephonic authorization, the SEC Code is PPD Debit Single Entry.

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