Payment types defined by CGI

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)