If an ACH transaction is returned to the State for reasons such as a closed account, an invalid account/transit routing number, OST will make the return information available to the agency online. OST will debit the agency’s account for the amount of the credit return. Each agency is responsible for resolving returned items as necessary to prevent rejected or returned items in the future. Payroll EFT returned items are posted to an account with State Finance.
A Notification of Change (NOC) is a non-dollar entry that the State receives for the purpose of identifying incorrect information contained within an ACH entry and providing correct data in the precise format to be used on future transactions. Failure to respond to the request might result in delayed processing, rejected or returned items and even penalties.
