A Notification of Change is created by an RDFI to notify the ODFI that previously valid information contained in a posted entry has become outdated or that information contained in a pre-notification or live transaction is erroneous and should be changed. Many times a NOC occurs because the customer’s bank has merged or been bought by another bank and they have changed the customer’s account or routing number.
As of January 1, 2015 – All NOCs that are received by VeriCheck will be updated automatically to reflect the changed information received by the customer’s bank. VeriCheck will still notify merchants of any Notifications of Change that occur for a merchant’s transactions, but information will automatically update on VeriCheck’s servers before the transaction is again submitted to the bank.
Merchants will not have to update/change information for NOCs that are received. As a convenience, VeriCheck will appropriately handle all Notifications of Change while still providing notice to merchants.
| Code | Reason | Description |
|---|---|---|
| C01 | Incorrect bank account number | Bank account number incorrect or formatted incorrectly |