Skip to content
ACH return R12

Account Sold to Another DFI

Category: Account & routing Initiated by: RDFI

Applies to (SEC scope)

ALL

camt.053 mapping

NARR — Narrative

ISO code shared with other Nacha codes

Reinitiation

Restricted — permitted only within the Rules’ limits

Nacha's definition

A financial institution received an Entry to an account that was sold to another financial institution.

Verbatim from Nacha — ISO 20022 Guide to Mapping U.S. ACH Return Items and Notifications of Change, August 2023, Version 2.01 (Table 1, return reason codes) (return reason code table). Applies to: ALL.

How it appears in an ISO 20022 statement

Nacha's mapping guide maps R12 to camt.053 reason code NARR (Narrative) — ISO definition: Reason is provided as narrative information in the additional reason information. Nacha marks this ISO code as mapped to more than one Nacha return code, so the ISO code alone does not identify the Nacha reason; read the narrative or the original return record.

Return time frame

Nacha's public rule pages refer to the standard "two-day" return time frame for returns that are not extended (unauthorized) returns. The governing time limit for this code is set in the Nacha Operating Rules, which Nacha sells and which were not used here, so it is not restated.

Source: Nacha — rule page 'ACH Network Risk and Enforcement Topics' (unauthorized return rate threshold; reinitiation of entries)

Can the entry be reinitiated?

Nacha's reinitiation rule page says the rule "will allow reinitiations to correct administrative errors", with fields other than Company Name, Company ID and Amount modified only to the extent necessary to correct an error — so Nacha's page treats a resubmission with corrected account details as a reinitiation — within the Rules' limits and carrying the RETRY PYMT description — unless the Originator obtains a new authorization after the return, in which case Nacha does not treat the debit as a reinitiation.

Source: Nacha — rule page 'ACH Network Risk and Enforcement Topics' (unauthorized return rate threshold; reinitiation of entries)

PaymentBrief guidance, not Nacha text

get the corrected details from the Receiver, and decide deliberately whether you are reinitiating or originating a freshly authorized entry.

What an operator does next

The account moved to another institution. Obtain the new routing and account details from the Receiver; the old pair will keep returning.

PaymentBrief guidance, not Nacha text. Your ODFI's procedures and the current Nacha Operating Rules govern.

Where this comes up on PaymentBrief

Confidence: high. Status: verified. The Nacha Operating Rules govern. Nacha sells them and they were not used here; every statement above is taken from a public Nacha document or a public US Treasury or Federal Reserve document, named per statement. Where those documents are silent, this card says so of those documents — it is not a claim about everything Nacha has published.

Sources for this code

Related codes

← Back to the full ACH return-code lookup