How long will the National Denied Transaction File (NDTF) retain records of individuals denied during an inquiry?

The National Denied Transaction File (NDTF) retains records of individuals who were denied during an inquiry for a period of 180 days. This retention period is important for ensuring that there is a sufficient timeframe for processing appeals and addressing any discrepancies that may arise from denied transactions. The 180-day window allows agencies and firms to review and analyze denied transactions and to provide adequate responses to individuals who may wish to contest a denial or who need clarification regarding their status.

Additionally, retaining records for 180 days supports effective monitoring and data management practices that contribute to the integrity and security of transactions. This time frame balances the need for quick action on appeals while providing a reasonable period for audits and reviews of the denial process itself.