Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

For ACH: you are correct, banks always accept them. But after they are told the ACH happens and determine the target account has some issue (closed / invalid / insufficient funds), then the bank will send an ACH reversal. This reversal behaves almost exactly like the original ACH (the bank that they are issuing the reversal against cannot do anything to stop it until after it has posted).


Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: