This X12 Transaction Set contains the format and establishes the data contents of the Payment Cancellation Request Transaction Set (829) for use within the context of an Electronic Data Interchange (EDI) environment. The transaction set can be 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 information
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)
