What Does Return Mobile ACH Payment Mean?
Payment Savvy
FEBRUARY 23, 2023
Receiving Depository Financial Institution (RDFI) The RDFI is the bank that is being charged or refunded. If there is a problem with the payment processing, it is usually the RDFI that sends an ACH return message. It receives the ACH entry and submits it to the Receiver. types incorrectly, out of sequence, etc.)
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