ACH Payment Reports
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ScotiaConnect provides you with a variety of timely and
comprehensive ACH reports to help you track payment processing. The following reports are provided from the
Bank’s ACH Payments system: File Acknowledgment Report (ACKR) File Validation Report (VALR) Returned Item Notification Report (RINR) Notice of Change Report (NOCR) File Acknowledgement Report The File Acknowledgement Report is returned to you from
the Bank advising that your payment file has been received. File Validation Report The File Validation Report provides the results of
detailed editing that is performed as your file is processed. Detailed information is provided so that
you can take action on items that have been rejected and items that have been
reported as warnings. This report is summarized by due
date, the total amount of debits and the total amount of credits within each
payment file. Additionally, any
rejected items will be listed along with reasons for each rejection. Returned Item Notification Report The Returned Item Notification details any items that have
been electronically charged back by the destination (payment recipient’s)
financial institution and the reason for the chargeback. Notice of Change Report The Notice of Change is generated when Scotiabank
electronically receives notification of change to banking information from
other financial institutions on payments you have previously submitted for
processing. This report provides you
with details required to update your payment data. |
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