Remove NACHA Remove SEC Codes Remove Stop Payment
article thumbnail

What Does Return Mobile ACH Payment Mean?

Payment Savvy

incorrect digits) 2 banking days Unauthorized debit to consumer account using Corporate SEC code R05 The account number of a customer is a personal bank account, not a corporate one (in cases of B2B payments) 60 calendar days Returned due to ODFI’s request R06 Authorization was failed (e.g.,

ACH 52