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  • ACH NOC Codes Explained

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    The ACH network provides Notifications of Change (NOCs) when information about a bank account has changed, such as the name on the account. After receiving a NOC, the processor corrects subsequent payments for the affected account using the updated information, even if a new payment is submitted with the old information. The document then lists 12 codes that indicate the reason for the change and a description of what information was incorrect or needs to be updated.

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    ACH NOC Codes

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    The ACH network provides Notifications of Change (NOCs) when information about a bank account has changed, such as the name on the account. After receiving a NOC, the processor corrects subsequent payments for the affected account using the updated information, even if a new payment is submitted with the old information. The document then lists 12 codes that indicate the reason for the change and a description of what information was incorrect or needs to be updated.

    Copyright:

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    Download as DOCX, PDF, TXT or read online from Scribd
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    37 views1 page

    ACH NOC Codes Explained

    Uploaded by

    milabix
    The ACH network provides Notifications of Change (NOCs) when information about a bank account has changed, such as the name on the account. After receiving a NOC, the processor corrects subsequent payments for the affected account using the updated information, even if a new payment is submitted with the old information. The document then lists 12 codes that indicate the reason for the change and a description of what information was incorrect or needs to be updated.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    ACH NOC Codes

    The ACH network provides Notifications of Change (NOCs)—notification that something about
    a bank account has changed. For example, if you submit a payment for which the name on the
    bank account has changed, then the processor receives a NOC that lists the corrected name.

    After receiving a NOC, the Processor corrects subsequent payments for the affected bank
    account using the updated information. This means that even if you submit a new payment using
    the old information, the Processor submits the payment using the updated information.

    Code Reason Description


    Bank account number incorrect or formatted
    C01 Incorrect bank account number
    incorrectly
    C02 Incorrect transit/routing number Once valid transit/routing number must be changed
    Incorrect transit/routing number Once valid transit/routing number must be changed and
    C03
    and bank account number causes a change to bank account number structure
    Customer has changed name or ODFI submitted name
    C04 Bank account name change
    incorrectly
    Entry posted to demand account should contain savings
    C05 Incorrect payment code
    payment codes or vice versa
    Bank account number must be changed and payment
    Incorrect bank account number and
    C06 code should indicate posting to another account type
    transit code
    (demand/savings)
    Incorrect transit/routing number,
    C07 bank account number and payment Changes required in three fields indicated
    code
    C09 Incorrect individual ID number Individual's ID number is incorrect
    Company name is no longer valid and should be
    C10 Incorrect company name
    changed.
    C11 Incorrect company identification Company ID is no longer valid and should be changed
    Incorrect company name and Both the company name and company id are no longer
    C12
    company ID valid and must be changed

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