Wisconsin Code § 410.210

(1) A payment order is rejected by the receiving bank by a notice of rejection transmitted to the sender orally, electronically, or in writing. A notice
of rejection need not use any particular words and is sufficient if
it indicates that the receiving bank is rejecting the order or will
not execute or pay the order. Rejection is effective when the notice is given if transmission is by a means that is reasonable in the
circumstances. If notice of rejection is given by a means that is
not reasonable, rejection is effective when the notice is received.
If an agreement of the sender and receiving bank establishes the
means to be used to reject a payment order, any means complying
with the agreement is reasonable and any means not complying is
not reasonable unless no significant delay in receipt of the notice
resulted from the use of the noncomplying means.
(2) This subsection applies if a receiving bank other than the
beneficiary’s bank fails to execute a payment order despite the existence on the execution date of a withdrawable credit balance in
an authorized account of the sender sufficient to cover the order.
If the sender does not receive notice of rejection of the order on
the execution date and the authorized account of the sender does
not bear interest, the bank is obliged to pay interest to the sender
on the amount of the order for the number of days elapsing after
the execution date to the earlier of the day the order is canceled
pursuant to s. 410.211 (4) or the day the sender receives notice or
learns that the order was not executed, counting the final day of
the period as an elapsed day. If the withdrawable credit balance
during that period falls below the amount of the order, the amount
of interest is reduced accordingly.
(3) If a receiving bank suspends payments, all unaccepted
payment orders issued to it are considered rejected at the time the
bank suspends payments.
(4) Acceptance of a payment order precludes a later rejection
of the order. Rejection of a payment order precludes a later acceptance of the order.

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