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#2252971 - 04/26/21 08:37 PM Others-First Paradoxes, Self-First Paradoxes ACH
Anonymous
Unregistered

If we find a valid hit where the ACH beneficiary name does not match any of the account owners and thus suspect the credit may be fraudulent, is there any regulation that would allow us to place a hold on those on funds until they hard post and can be returned?

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#2252973 - 04/26/21 08:44 PM Re: Others-First Paradoxes, Self-First Paradoxes ACH Anonymous
HappyGilmore Offline
10K Club
Joined: Jun 2004
Posts: 19,857
Pulling people out of the ditc...
just return as "no account, unable to locate account", a valid ACH return code. no need await posting
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