Return codes that begin with an R mean that they are Return directly from the Bank the account is associated with.
Most common R codes are:
R01 Insufficient Funds
R02 Account Closed
R03 No Account/Unable to Locate Account
R04 Invalid Account Number
R09 Uncollected Funds
R16 Account Frozen
R20 Non Transaction Account
R Codes that are Infrequent and Considered Chargebacks:
R05 Unauthorized Debit to Consumers Account
R06 Returned per ODFI’s Request
R07 Authorization Revoked
R08 Payment Stopped
R10 No Authorization/ Customer Says: Not Authorized/Improper/Ineligible
R29 Corporate Not Authorized
R51 RCK Entry: Related Item Ineligible/Entry Improper
Returns codes that begin with an X mean they are stopped at the ACHvendor level and do not go to the bank because the transaction was already returned with the same R code at an earlier date. So these will have the same Return info, but with an X preceding instead of an R.
Oftentimes, you will see a transaction come through with a final status of CORRECTION instead of FUNDED. The money has funded, but there was something incorrect on the account info entered, so you will need to send the next transaction with the correct account info or it will come back as an X code.
The corrected information will displayed within the details of the PDC reporting.
C01 Incorrect Account Number
C02 Incorrect Routing Number
C03 Incorrect Routing and Account Number
C04 Incorrect Account Name
C05 Incorrect Trans Code