ACH Distribution Codes
Access this screen from the ACH Distribution Listing screen.
Helpful Resources
How to Place a Stop Pay on an ACH Distribution
Overview
Distribution Codes are entered for normal transactions such as deposits, withdrawals, and payments. These are CU*BASE codes which correspond to ACH numeric codes; the CU*BASE codes were designed to make them easy to read and remember.
SEE ALSO: Matching CU*BASE Distribution Types to ACH Tran Codes
For each distribution, enter one of the following codes to indicate the kind of transaction being performed:
GC |
Credit to a General Ledger account
|
GD |
Debit to a General Ledger account
|
GS |
Stop pay for General Ledger ACH |
ID |
Current year deposit to IRA |
IP |
Prior year deposit to IRA |
LC |
Credit (payment) to a loan account
|
LD |
Debit (withdrawal) to a loan account
|
SD |
Deposit to share type accounts
|
SW |
Withdrawal from share type accounts |
Return Distribution Codes
These codes are used to prevent a distribution from hitting a member's account. For example, if the member notifies you of an unauthorized payment being taken from her account, return code “10” would be entered on the distribution record. The next time this item was received it would be placed in the ACH suspense G/L and printed on the “ACH Pre-authorized Return Item Register” report (PXACH3), as well as on the standard exception report (PXACH). This item could then be returned using your normal return procedures.
Enter one of the following return codes into the Distribution tran type field to indicate why the transaction should be stopped:
05 |
Unauthorized Corporate Debit to Consumer Acct |
07 |
Authorization Revoked By Customer |
08 |
Payment Stopped |
10 |
Customer Advises Not Authorized |
14 |
Rep. Payee Deceased |
15 |
Account Holder or Beneficiary Deceased |
16 |
Account Frozen |
20 |
Non-Transaction Account |
23 |
Credit Entry Refused by Receiver |
IMPORTANT NOTE: These codes are taken from the 2004 ACH Rules guide (published by NACHA). However, this is not a complete list of return codes allowed by ACH. These codes are the only ones that can be entered into CU*BASE to instruct the system to automatically “kick out” an item before it hits the member account.
Related Topics
Understanding Distribution Code Edits