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What Are ACH Prenotes and How Do They Work?

EBizCharge

An ACH return may be sent back to the initiating bank or institution if there’s an issue with the transaction. You may also receive a Notification of Change (NOC) , which, along with the return, indicates the transaction failed. That said, there are a few reasons why an ACH prenote may fail.

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ACH Alert Links FIs To Deeper ACH Transaction Data

PYMNTS

PDX is designed to further automate the ability for financial institutions to manage electronic data interchange (EDI) information imbedded within incoming ACH files, notification of change (NOC) and ACH return information.

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