R62 ACH return code: Return of Erroneous or Reversing Debit
The originating bank is refusing a return because a reversal went wrong: either an erroneous debit was returned while the correcting credit was kept, or an erroneous credit was kept while the correcting debit was returned. The receiver ended up with money by mistake.
R62 key facts
| Official title | Return of Erroneous or Reversing Debit |
|---|---|
| Returned by | Originating bank (ODFI) |
| Time frame | 5 banking days The originating bank must send the dishonored return within five banking days after the return settled. |
| Applies to | Consumer and business accounts |
| Can you send it again? | Not applicable. This code is exchanged between the banks about a return, not about your original payment. |
| Type of return | Dishonored return |
R62 and its counterpart R77 were added on March 20, 2015.
Why R62 happens
- One half of an erroneous payment and its reversal was returned and the other half posted.
What to do next
If your payment is involved
- Nothing in most cases. A dishonored return is your bank's reply to the receiving bank about a return it sent.
- Ask your bank what happens to the original payment while the two banks decide about the return.
Got a return file from your bank? Open it in the ACH file viewer to see the code next to each payment.
Which code answers which
The originating bank (the bank that sent the original payment) refuses a return with a dishonored return code. The receiving bank can answer with a contested dishonored return code.
| Dishonored return | The receiving bank's answer |
|---|---|
| R62 Return of Erroneous or Reversing Debit | R77 Non-Acceptance of R62 Dishonored Return |
| R67 Duplicate Return | R75 Return Not a Duplicate |
| R68 Untimely Return | R73 Timely Original Return |
| R69 Field Error(s) | R74 (corrected return) or R76 (no errors found) |
R71 and R72 contest a dishonored return that was misrouted or sent late.
Sources
- 2024 ACH Quick Reference Guide, EPCOR
- 2024 ACH Quick Reference Guide for Corporate Users, EPCOR
- ACH Return, NOC and Transaction Codes, Commerce Bank
- ACH Return Reason Codes and Time Frames, CBS Bank
- Nacha rule summary: dishonored returns and contested dishonored returns (2015), Grand Valley Bank copy
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.