What is the amount of the Unauthorized Entry Fee?
- The amount of the Unauthorized Entry Fee will be $4.50 per return.
What is an Unauthorized Entry Fee?
An Unauthorized Entry Fee is a fee paid by an ODFI to the RDFI for certain returns of ACH debit transactions due to a problem with the Receiver’s authorization.
The Rule requires an ODFI to pay a fee to an RDFI for any ACH debit returned due to a reason of unauthorized (return reason codes R05, R07, R10, R29 and R51). International ACH Transactions (IAT) initially will not be covered by the fee, but could be included in the future.
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