Timeframes Flashcards
How many days does the RDFI have to return a Credit Refused by a Receiver?
2 Banking Days from Receiver Notification
(R23)
of days for a Dishonored Return by ODFI
5 Banking Days
Corrected Dishonored Return by RDFI
2 Banking Days
Contested Dishonored Return by ODFI
2 Banking Days
Refused NOC by ODFI
15 Calendar Days
Corrected/Refused NOR
5 Banking Days
Timing for reversing a File
24 Hours but no later than 5 Banking Days
Time of Reversing an Entry
5 Banking days (Made available to RDFI by the 5th banking day)
Return of an RCK
2 Banking Days
Return of Consumer Unauthorized
60 Calendar Days
Return of Unauthorized for Corporate Entry
2 Banking Days
Originator to make changes from Correction (NOC)
6 Banking Days or next live entry
Creation of a Return Fee
45 Calendar days
Reinitiated Return Entry before
180 Calendar Days
Send Rules Violation to NACHA
90 Calendar Days