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Exam (elaborations)

AAP ACH TIMEFRAMES EXAM QUESTIONS AND ANSWERS 100% PASS

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AAP ACH TIMEFRAMES EXAM QUESTIONS AND ANSWERS 100% PASS Initiation of a Standard Return - 2 Banking Days Dishonor a Return - 5 Banking Days Contest or Correct a Dishonored Return - 2 Banking Days Return of an Unauthorized Corporate Transaction (CCD) - 2 Banking Days Return of a Revoked or Unauthorized Consumer Transaction - 60 Calendar Days Return of an XCK entry - 60 Calendar Days Originator to reinitiate returned entry following Settlement of the original entry - 180 Calendar Days Originator to initiate Return Fee Entry following Settlement of the return - 45 Calendar Days Response to a Refused NOC - 5 Banking Day

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Uploaded on
December 26, 2024
Number of pages
3
Written in
2024/2025
Type
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AAP ACH TIMEFRAMES EXAM
QUESTIONS AND ANSWERS 100% PASS


Initiation of a Standard Return - ✔✔2 Banking Days


Dishonor a Return - ✔✔5 Banking Days


Contest or Correct a Dishonored Return - ✔✔2 Banking Days


Return of an Unauthorized Corporate Transaction (CCD) - ✔✔2 Banking Days


Return of a Revoked or Unauthorized Consumer Transaction - ✔✔60 Calendar Days


Return of an XCK entry - ✔✔60 Calendar Days


Originator to reinitiate returned entry following Settlement of the original entry -

✔✔180 Calendar Days


Originator to initiate Return Fee Entry following Settlement of the return - ✔✔45

Calendar Days


Response to a Refused NOC - ✔✔5 Banking Days


Originate an NOC from Settlement Date of original Entry - ✔✔2 Banking Days


Refuse a NOC - ✔✔15 Calendar Days




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