<strong>ACH Reason Codes: R58 Incorrect ABA Number</strong>

If you need help with your ACH transactions, you may receive an ACH return with a Reason Code 58. This code indicates that your ABA or routing number is required to be corrected. In this blog post, we will discuss what ACH reason code 58 is, why your ABA number might come back wrong, common mistakes to avoid when entering your ABA number, how to troubleshoot ACH reason code 58, the difference between ACH reason code 58 and ACH reason code R10, what to do if you receive ACH reason code 58, how to ensure your ABA number is correct, how to contact your bank for assistance, and what to do if you’re unable to resolve your ACH reason code 58 issue.

Table of contents

• What is ACH Reason Code 58?
• Reasons Why Your ABA Number Could Come Back Incorrect
• Common Mistakes to Avoid When Entering Your ABA Number
• How to Troubleshoot ACH Reason Code 58
• The Difference Between ACH Reason Code 58 and ACH Reason Code R10
• What to Do If You Receive ACH Reason Code 58
• How to Ensure Your ABA Number Is Correct
• How to Contact Your Bank for Assistance
• What to Do If You Are Unable to Resolve Your ACH Reason Code 58 Issue
• Conclusion

What is ACH Reason Code 58?

ACH reason code 58 is an automated clearing house (ACH) return code that indicates that a transaction was rejected because the ABA number, or routing number, was incorrect. ABA numbers are nine-digit codes used to identify a financial institution to process ACH transactions. When an ACH transaction is submitted with a wrong ABA number, the transaction will be rejected, and the ACH return will include a reason code 58.

Reasons Why Your ABA Number Could Come Back Incorrect

There are several possible reasons why your ABA number might come back incorrect. The most common sense is that the ABA number was entered incorrectly. This could be due to a typo or transposition error. Another possible reason is that the ABA number was changed without the sender’s knowledge. This could happen if the financial institution changed its routing number or the sender provided an outdated ABA number.

Common Mistakes to Avoid When Entering Your ABA Number

When entering your ABA number, it is essential to double-check that you have entered it correctly. A typo or transposition error can easily be missed, so it is necessary to take your time and ensure that the number is correct. Additionally, ensure you enter the valid ABA number for the financial institution to which you’re trying to send money. If the institution has multiple ABA numbers, use the correct one.

How to Troubleshoot ACH Reason Code 58

If you’re receiving ACH reason code 58, the first step is to double-check that you have entered the correct ABA number. If the number is valid, you should contact the financial institution to ensure the ABA number is still active. You will need to update your records with the new number if the ABA number has changed.

The Difference Between ACH Reason Code 58 and ACH Reason Code R10

It is important to note that there is a difference between ACH reason code 58 and ACH reason code R10. ACH reason code 58 indicates that the ABA number is incorrect, while ACH reason code R10 suggests that the ABA number is valid, but there is an issue with the account or the financial institution.

What to Do If You Receive ACH Reason Code 58

If you receive ACH reason code 58, the first step is to double-check that you have entered the correct ABA number. If the number is valid, you should contact the financial institution to ensure the ABA number is still active. You will need to update your records with the new number if the ABA number has changed.

How to Ensure Your ABA Number Is Correct

If you want to ensure that your ABA number is correct, you should contact the financial institution you’re sending money and confirm that the ABA number is still active. Additionally, you should double-check the ABA number before entering it into your system. This will help to ensure that the number is correct and that the transaction will be processed successfully.

How to Contact Your Bank for Assistance

You should contact your bank for assistance if you need help with your ACH transactions or need help troubleshooting ACH reason code 58. Your bank will be able to help you resolve any issues with your ABA number or answer any questions that you may have.

What to Do If You Are Unable to Resolve Your ACH Reason Code 58 Issue

If you cannot resolve your ACH reason code 58 issue, you should contact the ACH Help Desk. The ACH Help Desk can assist with resolving any problems with ACH transactions. Additionally, they can provide information about ACH rules and regulations.

Conclusion

If you receive an ACH return with the reason code 58, it is crucial to understand what it means and how to resolve it. ACH reason code 58 indicates that the ABA number is incorrect, so you should double-check that you have entered the correct number. If the number is valid, you should contact the financial institution to ensure the ABA number is still active. You should contact the ACH Help Desk for assistance if you cannot resolve the issue. By understanding ACH reason code 58 and taking the necessary steps to fix it, you can ensure that your ACH transactions are processed successfully.

If you have any other questions about ACH reason code 58, don’t hesitate to contact us. We’re here to help!