Some times ACH transactions are rejected for few reasons, a returned code is returned to the users in case of failure of the transaction. Most of the bank charges some extra fee on failure of ACH transaction. There are around 60 ACH Return Codes; we are going to talk about some common ACH return reason codes, what it means and why it occurs. ACH transaction is processed through an ACH network in which the originating bank and receiving bank communicate electronically regarding the transaction. In this process the fund may move to the receiver’s bank account or in some case the transaction may be rejected. You can find the NACHA return reason code for a particular transaction listed on the Debit Voucher Report.
Below are few ACH Return Reason Codes (Click In The Image To Enlarge)
