C2 Bank ID
To specify data required for electronic payment
Position
Element
Name
Type
Requirement
Min
Max
Repeat
Code identifying payee or payer.
Code designating the system/method of code structure used for Identification Code (67).
Code identifying a party or other code.
Federal Reserve Routing Code
ID number assigned by bank to its client.
Code identifying type of payment procedures.
Date (YYMMDD).
C207 is the Effective Payment Date.