ACH Return Code R82: Invalid Foreign Receiving DFI Identification

Account Type: Consumer or Non-Consumer

Time Frame for Return: 2 Banking Days

SEC Codes: Outbound IAT

ISO Code: RC02

What is an ACH Return Code?

An ACH return code is a standardized code used to explain why an Automated Clearing House (ACH) transaction was returned by the receiving bank.

Codes are issued by the Receiving Depository Financial Institution (RDFI) and maintained by Nacha, the organization that governs the ACH Network. Certain codes may apply to consumer accounts, non-consumer (business) accounts, or both. These codes help banks, payment processors, and originators understand what went wrong during an ACH transaction so they can determine the appropriate next steps, such as retrying the payment, correcting information, or contacting the customer.

Why you're seeing ACH Return Code R82

Code R82 means the foreign receiving bank identification in the IAT entry is invalid or unrecognizable. This return indicates that the information provided to identify the foreign financial institution doesn't match recognized international bank codes or formats. This may have occurred because:

• The foreign bank identifier code is incorrect or outdated. BIC/SWIFT codes, routing numbers, or other identifiers may have been entered incorrectly or the bank's codes may have changed.
• The identification format doesn't match IAT requirements. IAT entries have specific formatting rules for foreign bank identifiers that may not have been followed in your entry.
• The foreign receiving bank doesn't exist or isn't recognized. The bank identification may refer to an institution that is no longer operating or isn't registered in international banking directories.

Sending ACH Payments with Slash

You can send domestic or international ACH payments using Slash by following these steps:

1. Navigate to the Payments dashboard and click Transfer Funds in the top-right corner.
2. Select a recipient using saved contact and banking information, or add a new recipient by entering their contact and bank details.
3. Choose the Slash account you want to use as the payment source, select ACH Transfer as the payment method, choose the destination bank account, and enter the payment amount (in USD).
4. Optionally, send the recipient an email confirmation with a payment description. You can also add a memo with internal notes that are visible only to you and other Slash account administrators.
5. Review the recipient's bank name, account number, and ACH routing number to ensure the payment details are correct.
6. Once all information is confirmed, click Send Payment.

Slash offers 24/7 support by phone and email to help resolve any issues with sending payments. You can also improve how you manage ACH transfers by scheduling recurring ACH payments, receiving low-balance notifications, and tracking returned payments alongside other transactions. With Slash, you can view all account balances, ACH activity, and transfers in one centralized dashboard.