ACH -Automated Clearing House. A type of EFT using the ACH bank-to-bank network.
Courtesy Notice -An ONRR-issued notice of rental or bonus due.
Deferred Bonus Payment -Lease bonus paid in equal annual installments over a specified number of years.
EFT -Electronic Funds Transfer. Any paperless transfer of funds initiated through an electronic terminal. For ONRR purposes, EFT includes Fedwire and ACH transfers, such as Pay.gov.
Fedwire -A type of EFT using the Federal Reserve Wire network.
Invoice document identification -The ONRR-assigned invoice document identification (three-alpha and nine-numeric characters).
Pay.gov -A type of EFT using the ACH network that is initiated by a payor on the Pay.gov Web site.
Payment -Any monies for royalty, bonus, rental, late payment charge, assessment, penalty, or other money sent to ONRR.
Person -Any individual, firm, corporation, association, partnership, consortium, or joint venture (when established as a separate entity). The term does not include Federal agencies.
Report -Form ONRR-2014, Report of Sales and Royalty Remittance.
30 C.F.R. §1218.51