NACHA violation
Hi! I worked in Missouri and reside in Illinois. On July 1st my previous employer reversed a bonus payment that was posted to my account on June 29th. They did not notify me in writing before reversing the funds. I contacted the CEO of the company and the HR director. The company’s attorney, who has terrible reviews may I add, states that under NACHA rules, the company did not have to legally inform us they were reversing the funds. He states that because we were no longer employed there, they had no way of reaching us. This is not correct! From my understanding, under NACHA rules an employer MUST contact BEFORE reversing funds to our accounts. I filed a dispute with my bank. And from my understanding an individual cannot file a claim with NACHA, the bank must. I already contact the Missouri Department of Labor.
Does anyone know anything about NACHA rules? Am I mistaken?