Zenbridge
Transaction SetsSegments

EDI 997 Functional Acknowledgment

This X12 Transaction Set contains the format and establishes the data contents of the Abandoned Property Filings Transaction Set 997 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
AK1
Functional Group Response Header
Mandatory
AtMax 1
To start acknowledgment of a functional group
AK2
LOOP
Mandatory
AtMax 999999
60
AK5
Transaction Set Response Trailer
Mandatory
AtMax 1
To acknowledge acceptance or rejection and report errors in a transaction set
70
AK9
Functional Group Response Trailer
Mandatory
AtMax 1
To acknowledge acceptance or rejection of a functional group and report the number of included transaction sets from the original trailer, the accepted sets, and the received sets in this functional group
80
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