AAP ACH TIMEFRAMES EXAM
QUESTIONS AND ANSWERS 100% PASS
Initiation of a Standard Return - ✔✔2 Banking Days
Dishonor a Return - ✔✔5 Banking Days
Contest or Correct a Dishonored Return - ✔✔2 Banking Days
Return of an Unauthorized Corporate Transaction (CCD) - ✔✔2 Banking Days
Return of a Revoked or Unauthorized Consumer Transaction - ✔✔60 Calendar Days
Return of an XCK entry - ✔✔60 Calendar Days
Originator to reinitiate returned entry following Settlement of the original entry -
✔✔180 Calendar Days
Originator to initiate Return Fee Entry following Settlement of the return - ✔✔45
Calendar Days
Response to a Refused NOC - ✔✔5 Banking Days
Originate an NOC from Settlement Date of original Entry - ✔✔2 Banking Days
Refuse a NOC - ✔✔15 Calendar Days
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