As a RDFI (receiving depository financial institution) for ACH purposes, how long do we have to return an ACH to the ODFI (originating depository financial institution) after the transaction?
Generally, NACHA rules permit returns on consumer transactions for 60 calendar days and returns on business transactions for 2 business days. The RDFI must have a written statement of unauthorized debit complying with NACHA guidelines to use the extended return period for consumer transactions. Some variations based on SEC type may apply. See NACHA Rules Sections 3.8 and 3.13.
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