827 Financial Return Notice

Functional Group FR

X12F Finance Subcommittee

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 to process, or modifications to, the original payment order.

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Heading

1. 0100 · ST · Transaction Set Header · Max 1 · Mandatory

   To indicate the start of a transaction set and to assign a control number

2. 0200 · RIC · Financial Return · Max 1 · Mandatory

   To transmit information about the item being returned

   RIC identifies error condition, amount, debit/credit and account number of item being returned.

3. 0250 · CUR · Currency · Max 1 · Optional

   To specify the currency (dollars, pounds, francs, etc.) used in a transaction

4. 0300 · TRN · Trace · Max 2 · Optional

   To uniquely identify a transaction to an application

   Two iterations of the TRN should be used; one with a "1" in the TRN01 to provide a reference identification for the return notice, and one with a "2" in the TRN01 to provide a reference identification for the original payment transaction.

5. 0400 · REF · Reference Identification · Max >1 · Optional

   To specify identifying information

   REF provides additional identification, such as reference numbers originally sent with the payment order.

6. 0500 · DTM · Date/Time Reference · Max >1 · Optional

   To specify pertinent dates and times

   DTM provides additional identification, such as payment date, check date, postmark date, etc., originally sent with the payment order.

7. NM1 Loop Optional Repeat 10

   1. 0600 · NM1 · Individual or Organizational Name · Max 1 · Mandatory

      To supply the full name of an individual or organizational entity

   2. 0700 · N2 · Additional Name Information · Max 2 · Optional

      To specify additional names

   3. 0800 · N3 · Address Information · Max 2 · Optional

      To specify the location of the named party

   4. 0900 · N4 · Geographic Location · Max 1 · Optional

      To specify the geographic place of the named party

   5. 1000 · REF · Reference Identification · Max 5 · Optional

      To specify identifying information

   6. 1100 · PER · Administrative Communications Contact · Max 3 · Optional

      To identify a person or office to whom administrative communications should be directed

8. 1200 · SE · Transaction Set Trailer · Max 1 · Mandatory

   To indicate the end of the transaction set and provide the count of the transmitted segments (including the beginning (ST) and ending (SE) segments)