ACH Error R72 - What is this?

ACH code R72 means that the receiving bank returned an Automated Clearing House (ACH) transaction because the transaction code was incorrect. This code indicates that the ACH transaction was rejected because it was processed with an incorrect or invalid transaction code.

Transaction codes identify the transaction type being processed, such as a credit, debit, or pre-authorized payment. When a transaction code is incorrect or invalid, the receiving bank may be unable to process the transaction properly, resulting in its rejection and the issuance of the R72 code.

If you receive an ACH code R72, you should contact your bank or financial institution to determine the reason for the rejection and how to correct the transaction. It’s essential to ensure you’re using the correct transaction code when processing ACH transactions to avoid further contradictions or errors.