What must an RDFI place on the Receiver's Statement for certain IAT transactions?

For certain International ACH Transactions (IAT), the RDFI (Receiving Depository Financial Institution) is required to include the Check Serial Number on the Receiver's Statement. This is significant because the Check Serial Number provides a unique identifier that can help the receiver track and reconcile IAT transactions that could involve checks drawn on foreign banks or originate from international sources.

Including the Check Serial Number aids both the RDFI and the receiver in maintaining an accurate record of transactions and enhances transparency for the customer, allowing for a clear understanding of the transaction details. This requirement becomes particularly important in cases where there may be additional complexities involved in international transactions, making it crucial for receivers to have easy access to all relevant identification information.

In contrast, other options, such as Batch Number, Transaction Type Code, and Account Holder Name, while important in their own right, do not carry the specific requirement for IAT transactions in the context referenced in this question. Understanding these nuances is essential for professionals dealing with ACH transactions.