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My bank has put a hold on my funds with a return code R29, what do I need to do?

If you have a corporate bank account, you need to authorize other companies to move money into or out of your bank account. If an unauthorized company tries to put money into your account or take money out of your account, your bank puts the funds on hold with a return code of R29.… Read More “My bank has put a hold on my funds with a return code R29, what do I need to do?”

What are ACH returns?

When your customer uses their checking account to pay for goods or services, the Automated Clearing House (ACH) network processes the payment. If the ACH can’t collect funds from the customer’s bank, it responds with a return code to let you know what the problem was.… Read More “What are ACH returns?”