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Updated by 11.23.2023

What is an ACH Return R06 – Return per ODFI?

Understanding what an ‘R06 – Return per ODFI’ ACH Return Reason Code Is, and How to Handle Them When Received:

As an ACH Originator, meaning anyone that sends ACH transactions to their ODFI, (Originating Depository Financial Institution), you will sometime come across an ACH Return of ‘R06 – Returned per ODFI’. So what exactly does this mean? What is an ODFI, and why was the ACH transaction Returned Unpaid?

What Is an ODFI?

First off, an ODFI is a bank that originates your ACH transactions to the Federal Reserve. This could be your actual bank or a Third Party Processor, (using their bank), that provides the mechanism for you to create, edit and submit ACH Transactions, (both Debit and Credit), to the Federal Reserve. Some banks/third-party processors will have an online interface for creating new ACH transactions and/or provide some sort of upload functionally via online or a Secure FTP site.

In either case, any bank that is sending the ACH transaction(s), (whether it is a ‘Debit From’ or a ‘Credit To’ transaction), to the Federal Reserve on your behalf, (you are called the Originator), is considered the ‘Originating Depository Financial Institution’, aka, ODFI.

Amber Capece
Amber Capece
Amber comes to E-Complish with 12 years of experience in the Hospitality Industry. We are sure you are wondering how…