The Intra-Governmental Payment and Collection (IPAC) Systems primary purpose is to provide a standardized interagency fund transfer mechanism for Federal Program Agencies (FPAs). IPAC facilitates the intra-governmental transfer of funds, with descriptive data from one FPA to another.
The IPAC System contains multiple components:
the IPAC application;
the Retirement and Insurance Transfer System (RITS);
the Treasury Receivable Accounting and Collection System (TRACS)interface
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