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#2252665 - 04/20/21 03:05 PM Untimely Unauthorized ACH Transaction Dispute
Brad Offline
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Joined: May 2018
Posts: 2
Would it be permissible to shift liability to the consumer under 1005.6 (3) Transfers not involving access device, if the bank receives a late notice regarding a single unauthorized ACH transaction and the reasonable investigation concludes that the transaction was invalid?

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Operations Compliance
#2252670 - 04/20/21 03:57 PM Re: Untimely Unauthorized ACH Transaction Dispute Brad
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 83,371
Galveston, TX
Welcome to BOL.

If it is a one time transaction, no. That would only apply to recurring transactions after 60 days from the statement date of the first transaction.
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The opinions expressed here should not be construed to be those of my employer: PPDocs.com

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#2252732 - 04/21/21 03:48 PM Re: Untimely Unauthorized ACH Transaction Dispute rlcarey
Brad Offline
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Joined: May 2018
Posts: 2
Thanks.

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