ACH Reversal

[LarryPope]

I need to be able to reverse a ACH transmission that cannot be stopped because of a wrong effective date. The bank tells me that the word "REVERSAL" has to be in the file in position 54-63 and the appropriate transaction codes has to be in the file so that the Federal Reserve knows that it is a reversal. Your help is appreciated.

Larry Pope
jlarrypope@gmail.com

[Paul Mayer]

We do not have any way to do that Larry, our software only creates the NACHA file for payments.