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ACH Reversals vs. ACH Returns: What’s the Difference?

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Fortunately, the National Automated Clearing House Association (NACHA) , the governing body over the ACH Network, has processes, procedures, and safeguards to protect consumers and merchants from transaction errors. An ACH return must go through a series of steps to return the funds to the ODFI once it meets the criteria for a return.

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How to Stay Compliant with NACHA Requirements

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Return and correction procedures Following NACHA standards, financial institutions and other network participants must adhere to precise returns and error correction procedures to ensure seamless payments and regulatory compliance within the ACH network. How often are NACHA rules updated? How often are NACHA rules updated?

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