ACH Payment Reports

 

ScotiaConnect provides you with a variety of timely and comprehensive ACH reports to help you track payment processing.The following reports are provided from the Bankís ACH Payments system:

 

File Acknowledgment Report (ACKR)

File Validation Report (VALR)

Returned Item Notification Report (RINR)

Notice of Change Report (NOCR)

 

File Acknowledgement Report

The File Acknowledgement Report is returned to you from the Bank advising that your payment file has been received.

 

File Validation Report

The File Validation Report provides the results of detailed editing that is performed as your file is processed.Detailed information is provided so that you can take action on items that have been rejected and items that have been reported as warnings.

This report is summarized by due date, the total amount of debits and the total amount of credits within each payment file.Additionally, any rejected items will be listed along with reasons for each rejection.

 

Returned Item Notification Report

The Returned Item Notification details any items that have been electronically charged back by the destination (payment recipientís) financial institution and the reason for the chargeback.

 

Notice of Change Report

The Notice of Change is generated when Scotiabank electronically receives notification of change to banking information from other financial institutions on payments you have previously submitted for processing.This report provides you with details required to update your payment data.

 

Related Topics

 ACH Payments Service Overview