R34 ACH return code: Limited Participation DFI
What R34 means
A federal or state regulator has limited the receiving bank's participation in the ACH network.
R34 key facts
| Official title | Limited Participation DFI |
|---|---|
| Returned by | ACH Operator |
| Time frame | Next file delivery This is not a bank return deadline. The ACH Operator rejects the entry while processing the file and sends it back with its next file delivery. |
| Applies to | Consumer and business accounts |
| Can you send it again? | Not to this bank while the limit is in place. |
| Type of return | Standard return |
Why R34 happens
- The receiving bank is under a supervisory restriction.
What to do next
If you sent the payment
- Ask the customer for an account at another bank, or pay another way.
If you got the notice about your own account
- Ask your bank how you can receive or make payments.
Got a return file from your bank? Open it in the ACH file viewer to see the code next to each payment.
Sources
- 2024 ACH Quick Reference Guide, EPCOR
- ACH Return, NOC and Transaction Codes, Commerce Bank
- ACH Return Reason Codes and Time Frames, CBS Bank
General information, not legal or financial advice. Rules change and banks set their own requirements. Check with your bank before you act. ACH Forms is not affiliated with Nacha.