ACH code R96 is a return code used by the Automated Clearing House (ACH) network to indicate that a transaction has been returned due to an invalid company identification. This means that the company or entity that initiated the transaction provided incorrect or invalid information related to their titles, such as their routing or account numbers.
When a transaction is returned with this code, it typically means that the payment cannot be processed and needs to be corrected by the originating company. The company may need to update its account information with its bank or payment processor to ensure that future transactions are processed correctly.
It is crucial for companies to carefully review their payment instructions before submitting them to ensure that all information is accurate and up-to-date, which can help prevent issues like ACH code R96 from occurring.