ACH Reversals vs. ACH Returns: What’s the Difference?
EBizCharge
OCTOBER 17, 2023
In 2022 alone, the Automated Clearing House (ACH) Network processed over 30 billion transactions , totaling more than $76 trillion. When this happens, the Receiving Depository Financial Institution (RDFI) automatically initiates a return of the funds to the Originating Depository Financial Institution (ODFI).
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