ACH Return Codes Explained Whenever an ACH transaction is declined, the organization in question receives a return code notifying them of the issue in the payment process. Return codes help all parties in the payment process to eliminate some existing and potential problems in order to speed up t...
ACH rejection and return codes are inevitable when you accept bank transfers as a payment method. Before we discuss the specific codes, let’s describe a few key terms to understand: Entry:Any ACH transaction submission Return:When an entry has been sent back to the ODFI after it was accept...