Can someone explain what these letters mean please?

Federal ERD. Money will be sent by ACH from RBT to taxpayer's account.

ERD?

ACH?

RBT?

what?!

Update:

does RBT have something to do with republican bank transfer? Its the only one I can guess at what it means.

Update 2:

ERD=electronic refund deposit?

Update 3:

Really? Spam? Thats funny cuz I got it off the Rupublican Bank site

5 Answers

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  • 1 decade ago
    Best Answer

    ERD = Electronic Refund Deposit

    ACH = Automated Clearing House

    RBT = Republic Bank and Trust

    Sounds like you had your taxes done at a service, elected a bank product ("take the fee out of the refund"), and now the bank is going to send your proceeds to your account via an ACH debit (a.k.a. direct deposit)

  • 1 decade ago

    Do you have an account with Republic Bank and Trust in Oklahoma? If you do, then it's a notification that your Electronic Refund Deposit is being sent by Automated Clearing House to your account with RBT.

  • Sheila
    Lv 6
    1 decade ago

    ACH- automated clearing house, also known as direct deposit.

    That's the only one I recognize.

  • ach is for automated clearing house,it means a check has been issued

    sounds like you're correct on the other 2 .

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  • manny
    Lv 5
    1 decade ago

    This is spam mail talk

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