If Contribution Refund Requests have been approved and they result in a Refund that is to be processed via Direct Deposit the system will produce the appropriate Direct Deposit File for the relevant transactions.

In international markets there may be various Bank File formats in use for this, while in North America the ACH standard is in place.  The system can produce either a custom-built Bank Format or produce the standard Contribution Refund ACH Payments.

After this, the file can be reviewed and sent to the Financial Institution.