Does ODFI’s Request for a Return rule REQUIRE an RDFI to return an entry when requested by the ODFI?

Is an RDFI obligated to return an ACH entry when requested by an ODFI? In this Payments Professor episode, we explore the specifics of the new NACHA ACH rules regarding ODFI’s Request for Return. Understand whether the RDFI is required to comply with these requests and what factors come into play. This video provides clear guidance on how to handle such requests, ensuring your institution remains compliant and knowledgeable about its responsibilities under the latest ACH regulations.

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