R70
Permissible Return Entry Not Accepted / Return Not Requested by ODFI
The ODFI dishonors a return the RDFI marked as made with the ODFI's permission, because the ODFI never agreed to accept or request it.
- Initiator
- ODFI (dishonored return)
- Category
- Format
- Retry
- No
What to do next
No Originator action — an interbank dispute over whether your bank actually consented to a late corporate return.
Awaiting expert review
A numbering trap: R70 sits in the 70s but is a DISHONORED return sent by the ODFI, not a contested dishonored return. It dishonors an R31. Modern Treasury's page is internally contradictory here — the definition only makes sense as ODFI-initiated.