💸 Payment Status: ACH

ACH payments go through several status changes from initiation to settlement or failure.

🔁 ACH Payment Statuses

Status	Meaning
`Pending`	The initial state – payment has been entered into the system.
`Batched`	The bank has received the payment information.
`Deposited`	The bank informed the system that the payment can be settled.
`Settled`	The system has disbursed the funds.
`Returned`	The bank has refused the payment (see error codes below).
`Failed`	The payment was rejected by the bank during submission.
`Chargeback`	The customer has attempted to reverse a settled payment.
`Refund Review`	On-chain refund could not be verified.
`Refunded`	The payment was successfully refunded (funds returned to payer).

These errors relate to bank account transfers and are returned when a transaction fails.

Code	Description
R01	Insufficient Funds
R02	Account Closed
R03	No Account / Unable to Locate Account
R04	Invalid Account Number
R05	Unauthorized Debit Entry
R06	Returned per ODFI’s Request
R07	Authorization Revoked by Customer (adjustment entries)
R08	Payment Stopped or Stop Payment on Item
R09	Uncollected Funds
R10	Customer Advises Not Authorized; Ineligible Item, Notice Not Provided, or Item Altered
R11	Customer Advises Entry Not in Accordance with Authorization Terms
R12	Branch Sold to Another Depository Financial Institution (DFI)
R13	RDFI Not Qualified to Participate
R14	Representative Payee Deceased or Unable to Continue in that Capacity
R15	Beneficiary or Account Holder (not Representative Payee) Deceased
R16	Account Frozen

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R-codes are issued by the Receiving Depository Financial Institution (RDFI) to explain why a transaction could not be completed.