ACH Error R56 – What is this?

ACH (Automated Clearing House) code R56 indicates that a bank transfer or payment has been returned due to incorrect bank account information. This error occurs when the bank account number or routing number provided for the recipient needs to be validated, accurate, or exist.
When a payment is attempted with incorrect account information, the bank will reject the transfer and return the funds to the sender’s account, which may result in fees and delays. It is essential to ensure that the bank account information provided for any payment or transfer is accurate and up-to-date to avoid such errors.
If you receive an ACH code R56, you should double-check the bank account information provided and verify that it is correct. If there are any discrepancies or errors, you should contact the recipient to obtain accurate information and resubmit the payment.