Simon Lin-ach-statement-descriptor | Stripe Developers | Page 1

sweet totem Feb 22, 2022, 12:46 PM

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Hey! What's the originator in this context?

tall rivet Feb 22, 2022, 12:51 PM

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Hi @sweet totem ! It is the entity who originates the bank debit request and receive the money.
For example, Entity A originates a bank debit request which is to pull money from Customer B. In this context, will A (originator)'s name displayed in B's bank statement?

sweet totem Feb 22, 2022, 12:53 PM

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Yep, it will! Statement descriptors can be set at an account level: https://stripe.com/docs/statement-descriptors

or per transaction

Statement descriptors

Learn how statement descriptors work.

tall rivet Feb 22, 2022, 12:56 PM

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@sweet totem Wow, that's amazing! Btw, will the bank statement contain any text indicating my request is made from Stripe?

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As far as I know, there is a field <companyName> regarding to NACHA's format (ACH method), will it be “Stripe“ and finally get exposed to my customer?

#Simon Lin-ach-statement-descriptor