This standard provides the format and establishes the data contents of the Payment Cancellation Request Transaction Set within the context of an Electronic Data Interchange (EDI) environment. This transaction set is used to cancel a previously transmitted electronic payment between an originating company and its originating financial institution before funds are released.
To indicate the start of a transaction set and to assign a control number
To identify cancellation type and amount.
To uniquely identify a transaction to an application.
To specify pertinent dates and times
To specify identifying numbers.
To specify quantity information.
To indicate the total monetary amount.
To indicate the end of the transaction set and provide the count of the transmitted segments (including the beginning (ST) and ending (SE) segments).
