EDI 521 Income Or Asset Offset

This X12 Transaction Set contains the format and establishes the data contents of the Abandoned Property Filings Transaction Set 521 for use within the context of an Electronic Data Interchange (EDI) environment. This transaction set is used to report abandoned property filings information, such as uncashed checks or abandoned bank account balances, to government agencies and may be used by the government agencies to distribute information on abandoned property for publication to the general public. It may also be used to initiate an Electronic Funds Transfer (EFT) payment to transfer the value of the abandoned property to the government agencies.

Segments

Position
Segment
Name
Max use
10
ST
Transaction Set Header
Mandatory
AtMax 1
To indicate the start of a transaction set and to assign a control number
20
BGN
Beginning Segment
Mandatory
AtMax 1
To indicate the beginning of a transaction set
30
BPR
Beginning Segment for Payment Order/Remittance Advice
Opt
AtMax 1
To indicate the beginning of a Payment Order/Remittance Advice Transaction Set and total payment amount, or to enable related transfer of funds and/or information from payer to payee to occur
40
NTE
Note/Special Instruction
Opt
GT 1
To transmit information in a free-form format, if necessary, for comment or special instruction
50
TRN
Trace
Opt
AtMax 1
To uniquely identify a transaction to an application
60
CUR
Currency
Opt
AtMax 1
To specify the currency (dollars, pounds, francs, etc.) used in a transaction
70
REF
Reference Identification
Opt
GT 1
To specify identifying information
80
DTM
Date/Time Reference
Opt
GT 1
To specify pertinent dates and times
N1
LOOP
Mandatory
GT 1
NM1
LOOP
Mandatory
GT 1
CDS
LOOP
Mandatory
GT 1
10
AMT
Monetary Amount
Opt
AtMax 1
To indicate the total monetary amount
20
SE
Transaction Set Trailer
Mandatory
AtMax 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)

Elements

PositionElementNameRequirementTypeMin/MaxRepeat
1
143
Transaction Set Identifier CodeMandatoryID3/31
2
329
Transaction Set Control NumberMandatoryAlphanumeric4/91