EDI 827 Financial Return Notice

Functional Group FR

X12F Finance Subcommittee

This Draft Standard for Trial Use contains the format and establishes the data contents of the Financial Return Notice Transaction Set (827) for use within the context of an Electronic Data Interchange (EDI) environment. The transaction set can be used to report to the originator the inability of the originating financial institution to have the Payment Order/Remittance Advice Transaction Set (820) processed.

Heading

1. 010 · ST · Transaction Set Header · Max 1 · Mandatory

   To indicate the start of a transaction set and to assign a control number

2. 020 · RIC · Financial Return · Max 1 · Mandatory

   To transmit information about the item being returned

   RIC identifies error condition, amount, debit/credit and account number of item being returned.

3. 030 · TRN · Trace · Max 2 · Optional

   To uniquely identify a transaction to an application

   TRN uniquely identifies item being returned. Optional use: unique identifier for Financial Return Notice.

4. 040 · REF · Reference Identification · Max >1 · Optional

   To specify identifying information

   REF provides additional identification, such as reference numbers originally sent with the payment order.

5. 050 · DTM · Date/Time Reference · Max >1 · Optional

   To specify pertinent dates and times

   DTM provides additional identification, such as payment date, check date, postmark date, etc., originally sent with the payment order.

6. N1 Loop Optional Repeat 10

   1. 055 · N1 · Name · Max 1 · Mandatory

      To identify a party by type of organization, name, and code

   2. 057 · PER · Administrative Communications Contact · Max 3 · Optional

      To identify a person or office to whom administrative communications should be directed

7. 060 · SE · Transaction Set Trailer · Max 1 · Mandatory

   To indicate the end of the transaction set and provide the count of the transmitted segments (including the beginning (ST) and ending (SE) segments)