R12
Account Sold to Another DFI
The entry is for an account that has been sold to another financial institution, typically after a merger or branch sale.
- Initiator
- RDFI
- Category
- Account
- Retry
- No
What to do next
Obtain the customer's new routing and account number and originate a new entry.
Note
Older references use the retired title 'Branch Sold to Another DFI'.