Possible reasons for this rejection is:
The bank needs some information from the ERO, such as an EFIN letter.
The record may not be set up correctly with the bank, such as a changed Master EFIN.
We show the ERO as Approved, but the bank shows the ERO as Not Approved in its system.
CCH SFS does send the applications and fix the records, but in some cases you may need to speak with the bank to solve the problem.
This information applies to all years of the UltimateTax software.