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.
To indicate the start of a transaction set and to assign a control number
To transmit information about the item being returned
To uniquely identify a transaction to an application
To specify identifying information
To specify pertinent dates and times
To identify a party by type of organization, name, and code
To identify a person or office to whom administrative communications should be directed
To indicate the end of the transaction set and provide the count of the transmitted segments (including the beginning (ST) and ending (SE) segments)
