The ACH transaction (ID: 4853247284555), recently initiated from your checking account (by you or any other person), was rejected by the other financial institution.
Canceled transfer |
| Transaction ID: |
4853247284555 |
| Reason of rejection |
See details in the report below |
| Transaction Report |
report_4853247284555.doc (Microsoft Word Document) |
About NACHA
The Network Strategy & Outreach area is responsible for coordinating, managing, and executing on key activities and initiatives for NACHA and the ACH Network, working in close collaboration with other functional areas of the organization. Outreach activities include those that are conducted to benefit all ACH Network participants in NACHA's role as ACH Network Administrator, and activities that serve the membership of NACHA as an industry trade association.
More than 18.2 billion ACH payments were made in 2008, an increase of 1.2 billion over 2007. ACH payment volume continues to double every five years. The 2007 Federal Reserve Payments Study revealed ACH payments had the largest compound annual growth rate, 18.6 percent, of all U.S. non-cash payments.
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2011 NACHA - The Electronic Payments Association