(6) the Receiver has not authorized the credit entry. (5) the Originator is not known by Receiver, or (4) acceptance of transaction results in an overpayment, (3) account subject to litigation and Receiver will not accept transaction, (2) the exact amount required has not been remitted, (1) the minimum amount required by the Receiver has not been remitted,
The receiver refuses credit entry because of one of the following conditions: In CIE entry, the Individual ID Number is used by the Receiver to identify the account Receiver has indicated to RDFI that number Originator identified is not correct. The number used in the Company ID field is in error. R14 - Account-holder Deceased Īccount-holder is deceased (used in the event of the death of a representative payee, guardian, or trustee).īeneficiary entitled to payments is deceased.įunds unavailable due to specific action by the RDFI or by legal action.įields not edited by the ACH Operator are edited by the RDFI field(s) causing processing error must be identified in the addenda record of return.ĪCH entry is destined for a non-transaction account (i.e., an account against which transactions are prohibited or limited). The financial institution received an entry destined for a branch that has been sold to another financial institution. Used when returning a check safekeeping entry RDFI should use the appropriate field in addenda record to specify the reason for return (i.e., "exceeds dollar limit," "stale date," etc.). Must be returned no later than 60 days from the settlement date of original entry and customer must sign the affidavit. The consumer has advised RDFI that Originator of the transaction is not authorized to the debit account. The dollar value of the transaction is in the process of collection (i.e., uncollected checks) or cash reserve balance below the dollar value of the debit entry. Sufficient book or ledger balance exists to satisfy the dollar value of the transaction. RDFI should verify the Receiver's intent when a request for stop payment is made to ensure this is not intended to be a revocation of the authorization. The receiver of a recurring debit transaction has stopped payment on a specific ACH debit. The consumer has revoked authorization from Originator (must be returned no later than 60 days from settlement date and the customer must sign affidavit). ODFI has requested RDFI to return the ACH entry (optional to RDFI - ODFI indemnifies RDFI). R03 - No Account/Unable to Locate AccountĪccount number structure is valid and passes editing process, but does not correspond to an individual or is not an open account.Īccount number structure not valid the entry may fail check digit validation or may contain an incorrect number of digits.Ī debit entry was transmitted to a Consumer Account of the Receiver and was not authorized by the Receiver. Previously active account has been closed by the customer or RDFI.
ReasonĪvailable balance is not sufficient to cover the dollar value of the debit entry. Please see below for the reasons and descriptions. ACH Payment rejects can be received up to 60 days after an ACH transaction.
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