827 Financial Return Notice
827 Financial Return Notice
Function Group FR
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.
Position
Segment
Name
Max Use
010
Transaction Set HeaderMandatory
Max 1
To indicate the start of a transaction set and to assign a control number
020
Financial ReturnMandatory
Max 1
To transmit information about the item being returned.
030
TraceOptional
Max 2
To uniquely identify a transaction to an application.
040
Reference NumbersOptional
Max 10
To specify identifying numbers.
050
Date/Time ReferenceOptional
Max 5
To specify pertinent dates and times
060
Transaction Set TrailerMandatory
Max 1
To indicate the end of the transaction set and provide the count of the transmitted segments (including the beginning (ST) and ending (SE) segments).
Position
Segment
Name
Max Use