Nacha Statement on Unauthorized ACH Reversals
September 12, 2019 / Source: NACHA
Nacha Statement on Unauthorized ACH Reversals
POSTED ON
September 10, 2019
Nacha advises individuals that think they have been negatively impacted by MyPayRollHR.com to notify and file an unauthorized ACH transaction form with their bank or credit union.
Reversing a valid payroll deposit is not permitted under the Nacha Rules that govern the ACH Network. Nacha is investigating the responsible parties, and is working with financial institutions to undo or remedy any invalid transactions.