How to decide which transaction type to use for a transaction code?
Summary: We added a new transaction code for a bank statement which was failed due to unavailability of the particular transaction code. It was a 158 code, for the JPMC bank. We checked online for BAI2 format in JPMC website and found that 158 is a Real Time Payment. But we are confused now to choose an apt transaction type for this. To clear the payment, for now we have chosen the transaction code 158 with the transaction type Automated Clearing House. Now we want to know if it has any other implication.
Please help us to understand a correct way to choose transaction type for the transaction codes.
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