EDI
API DocsTerminal

PM Electronic Funds Transfer Information

To supply information on the electronic funds transfer (EFT) method of payment

Sequence
Element
Name
Type
Requirement
Min
Max
Repeat
01
507
(DFI) Identification Number
String (AN)
Mandatory
3
12
1
Depository Financial Institution (DFI) identification number
PM01 is the transit routing number of the receiving financial institution.
02
Account Number
String (AN)
Mandatory
1
35
1
Account number assigned
PM02 is the electronic fund transfer recipient's account number.
03
Yes/No Condition or Response Code
Identifier (ID)
Mandatory
1
1
1
Code indicating a Yes or No condition or response
PM03 is the authorization for electronic funds transfer indicator. A "Y" value indicates authorization has been granted to allow electronic funds transfer; an "N" value indicates no authorization has been granted for electronic funds transfer.
Codes (9)
04
Yes/No Condition or Response Code
Identifier (ID)
Mandatory
1
1
1
Code indicating a Yes or No condition or response
PM04 is the authorization signature for electronic funds transfer on file indicator. A "Y" value indicates that a signature has been obtained and is on file; an "N" value indicates a signature has not been obtained.
Codes (9)
05
Account Number Qualifier
Identifier (ID)
Optional
1
3
1
Code indicating the type of account
PM05 qualifies the account number indicated in PM02.
Codes (48)
06
(DFI) ID Number Qualifier
Identifier (ID)
Optional
2
2
1
Code identifying the type of identification number of Depository Financial Institution (DFI)
PM06 qualifies the Depository Financial Institution (DFI) Identification Number indicated in PM01.
Codes (5)
07
Yes/No Condition or Response Code
Identifier (ID)
Optional
1
1
1
Code indicating a Yes or No condition or response
PM07 is the authorization for balance and transaction reporting indicator. A "Y" value indicates authorization has been granted to allow balance and transaction reporting. An "N" value indicates no authorization has been granted to allow balance and transaction reporting.
Codes (9)
08
Yes/No Condition or Response Code
Identifier (ID)
Optional
1
1
1
Code indicating a Yes or No condition or response
PM08 is the debit authorization indicator. A "Y" value indicates authorization has been granted to allow the sender of the transaction to debit the related account. An "N" value indicates no authorization has been granted to allow the sender of the transaction to debit the related account.
Codes (9)

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Stedi is a registered trademark of Stedi, Inc. Stedi's EDI Reference and Mapping Guides are provided for marketing purposes and are free of charge. All names, logos, and brands of third parties listed on our site are trademarks of their respective owners (including “X12”, which is a trademark of X12 Incorporated). Stedi, Inc. and its products and services are not endorsed by, sponsored by, or affiliated with these third parties. Our use of these names, logos, and brands is for identification purposes only, and does not imply any such endorsement, sponsorship, or affiliation.