IAT and TINS IAT Indicator Tutorial

Resources

Forms

The following forms are available for download on the Direct Deposit Forms page on FMX:

Note: State agencies may create their own direct deposit authorization forms; however, they must be approved by the Comptroller’s office prior to use.

Key Terms

ACH – Automated Clearing House: An electronic network for financial transactions.
IAT – International ACH Transaction: A direct deposit payment destined to a financial institution outside of the United States.
NACHA – National Automated Clearing House Association: NACHA governs the ACH system and establishes the rules, standards and procedures.
OFAC – Office of Foreign Assets Control: A federal agency administered by the U.S. Department of the Treasury.
SDN – The Specially Designated Nationals (SDN) List: A list published by OFAC to identify individuals, companies, groups and entities such as terrorists and narcotics traffickers whose assets are blocked. U.S. persons are prohibited from doing business with those on the SDN list.

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