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That would be possible as a) first response b) bank-to-bank journaling based on the bank to bank agreement. But dont look at me - just try doing it and see ho
by notyourday 9y ago
That would be possible as
a) first response
b) bank-to-bank journaling based on the bank to bank agreement.
But dont look at me - just try doing it and see how successful you would be.
- jsjohnst 9y agoI’ve issued stop payments on ACH transactions multiple times with success, so yes, it’s definitely possible to cause an ACH return.
- notyourday 9y agoHave you noticed that by doing that you have indemnified your bank?
- jsjohnst 9y agoSure, but that doesn’t change my point. What about closed accounts, invalid account numbers, or NSF? All three of those cause ACH rejects/reverts without any indemnity, yet weren’t in your list.
- notyourday 9y agoThose show up nearly immediately.