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Bank Response Codes for Payments

response codes, bank, ACH, credit card, debit, transaction, index, R00, R01, R02, R03, R04, R11, R13, R07, declined, returned, rejected

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Written by Charlie
Updated over 3 months ago

By processing payments through RentRedi, you are the proud holder of a merchant account. With great power comes the great responsibility of response code awareness.



Response codes are automated codes, typically from the tenant's bank. They communicate the status of a processed payment. Below is a list of response codes you may see, to give you insight into the Stripe Connect or Propay payment processing.

Response Code

Overview

Details

R00

Successful Payment

This payment has been processed normally.

R01

Insufficient Funds

The payment failed due to insufficient funds.

R02

Account Closed

The bank account that submitted the payment has been closed and can no longer process payments.

R03

No Account Found

The specified bank account could not be located using the given information.

R04

Invalid Account Number

There is an issue with the account number associated with the transaction.

R06

Returned per ODFI's Request

The originating depository financial institution (ODFI) has returned the transaction because of an issue identified on its end.

R07

Customer Revoked Authorization


The transaction was reported as conflicting with the initial terms of the payment.

R08

Payment Stopped

The customer has stopped payment on a transaction.

R09

Uncollected Funds

The customer does not have enough available funds in their account to cover all of their pending transactions.

R11

Check Truncation Entry Return

The customer advises the transaction is not within the Authorization Terms.

R16

Account Frozen

The account has been frozen, preventing any debits or credits from being processed.

R20

Non-Transaction Account

Non-transaction accounts, such as savings accounts, do not allow electronic transactions, such as electronic debits or credits.

If you have any questions about a transaction, reach out to our support team.

We're happy to help!



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