R77
Non-Acceptance of R62 Dishonored Return
The RDFI refuses an R62 dishonor because it returned both the erroneous entry and its reversal, or because the funds are not recoverable from the Receiver.
- Initiator
- RDFI (contested dishonored return)
- Category
- Format
- Retry
- No
What to do next
No Originator action, but a signal that funds from a failed reversal are unrecoverable through the network — escalate to collections or legal.
Awaiting expert review
R77's existence as the RDFI's answer to R62 is the main evidence that R62 is ODFI-initiated; if an expert rules R62 is RDFI-initiated, this entry's direction must be revisited too.