ACH Return Reason Codes Explained

With 70 different return reason codes utilized in the ACH Network, it can be challenging to determine the most appropriate code to use in a given situation. Which return reason codes require a Written Statement of Unauthorized Debit (WSUD)? How many days do we have to process a return? What about the return reason codes that have unusual time frames that don’t fall into the standard or extended return time frames? This session will answer all these questions and more, and provide an overview of dishonored returns, contested dishonored returns, and returns that are processed by the ACH Operator or Gateway.