Glossary of terms
ARP – Account Reconcilement Plan – the name of the reconciliation service Key offers.
Cancel – A request that is made by you to remove a check issue from the outstanding balance (full reconcilement only). It should only be used for a check that is in your possession.
Duplicated Paid – A check is currently being presented that was paid previously.
Issue – Data you provide related to checks issued from your Key account.
Key – KeyBank.
PNI – Paid No Issue. An item that has paid but no issue information was provided in the data file.
Sequence # – An eight-digit number listed on your Reconcilement Report for every paid check, which is Key’s internal ID number assigned to each check.
Void – See the definition of cancel.