Type:
On Demand
Duration:
55 Minutes
Member Fee:
$0
Non-Member Fee:
$379
Audience:
AAPs, APRPs, AAP Candidates, APRP Candidates, Compliance, Operations
When should an ACH transaction be returned as a Stop Payment vs. Unauthorized Entry? Which return code is appropriate and when? RDFIs will learn their obligations for returning consumer and non-consumer entries for stop pay, unauthorized or authorization revoked, and the related return reason codes, written statement (WSUD) requirements and timeframes.