BOC – Back Office Conversion Entry — Enables Originators, during back office processing, to convert paper checks to Single-Entry ACH debits. Eligible checks are those that are received at the point of purchase or manned bill payment location, for the in-person purchase of goods or services. The check is used to collect the transaction information. Authorization is obtained through notice provided by Originator at the point of purchase.
BOC – Back Office Conversion Entryashok