3/24/2023 0 Comments Transaction express![]() ![]() Written Statement is required.Ĭonsumer who previously authorized entries has revoked authorization with the Originator. Unauthorized Debit to Consumer Account Using Corporate SEC CodeĪ debit entry was transmitted to a consumer account that was not authorized by the Receiver. Previously active account has been closed.Īccount number structure is valid, but doesn’t match individual identified in entry or is not an open account. The most common ACH return codes in the ACHQ network are: Reason for ReturnĪvailable balance is not sufficient to cover the dollar value of the debit entry. Each return code is specific to certain entry types and has specific time frames for return (more on that later). There are nearly 70 unique return codes, which help the originator of the transaction determine why an item has been returned. These are indicated by a three character alphanumeric return code. ![]() The ODFI is the financial institution ACHQ uses to process ACH transactions on behalf of our customers.ĪCH returns are a normal part of ACH processing and allow receivers and RDFIs to notify originators and ODFIs when a transaction does not go as intended. What are ACH Returns?Īn ACH return is a credit or debit entry that is typically initiated by a Receiving Depository Financial Institution (RDFI) that returns a previously originated credit or debit entry to the Originating Depository Financial Institution (ODFI) within the time frames established by Nacha rules. In an attempt to make it easier to understand, we’ve answered these questions and provided some of the more common ACH return codes. We will be the first to admit that the ACH returns process is complex-at best. What is my recourse for a return that I don’t agree with?.What are the return codes and their respective time frames?.Some of the most common questions we get with the ACH returns process are:
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