ACT Account Identification
To specify account information.
Position
Element
Name
Type
Requirement
Min
Max
Repeat
Account number assigned.
Free-form name.
ACT02 is the name of the account in ACT01.
Code designating the system/method of code structure used for Identification Code (67).
P0304: If either ACT-03 or ACT-04 is present, then the other is required
Code identifying a party or other code.
Code indicating the type of account.
C0506: If ACT-05 is present, then ACT-06 is required
Account number assigned.
ACT06 is an account associated with the account in ACT01.
A free-form description to clarify the related data elements and their content.
C0705: If ACT-07 is present, then ACT-05 is required
ACT07 is the name associated with the account identified in ACT06.
Code identifying type of payment procedures.
ACT08 indicates if the data for the account in ACT01 is used for billing or information purposes.