This standard provides the format and establishes the data contents of a lockbox transaction set. The lockbox transaction set can be used to transmit lockbox (incoming payments) information and totals from a bank or any other lockbox service provider to a company.
To indicate the start of a transaction set and to assign a control number
To identify a party by type of organization, name and code
To indicate the lockbox ID, date, time, deposit number and bank account information.
To indicate the total monetary amount.
To specify quantity information.
To specify identifying numbers.
To specify pertinent dates and times
To indicate batch identifying information.
To indicate the funds availability in days.
To indicate the total monetary amount.
To specify quantity information.
To specify pertinent dates and times
To (1) indicate the beginning of a payment order/remittance advice transaction set and total payment and (2) to enable related transfer of funds and/or information from payor to payee to occur while utilizing an automated clearing house (ACH) or other banking network.
To specify the currency (dollars, pounds, francs, etc.) used in a transaction
To specify identifying numbers.
To specify pertinent dates and times
To indicate the funds availability in days.
To identify a party by type of organization, name and code
To specify additional names or those longer than 35 characters in length
To specify the location of the named party
To specify the geographic place of the named party
To specify identifying numbers.
To identify a person or office to whom administrative communications should be directed
To indicate the detail on items.
To identify a party by type of organization, name and code
To specify the currency (dollars, pounds, francs, etc.) used in a transaction
To specify identifying numbers.
To specify pertinent dates and times
To indicate the end of the transaction set and provide the count of the transmitted segments (including the beginning (ST) and ending (SE) segments).
