820
Payment Order/Remittance Advice
Functional Group=RA
This Draft Standard for Trial Use contains the format and establishes the data contents of the Payment Order/Remittance Advice Transaction Set (820) for use within the context of an Electronic Data Interchange (EDI) environment. The transaction set can be used to make a payment, send a remittance advice, or make a payment and send a remittance advice.This transaction set can be an order to a financial institution to make a payment to a payee. It can also be a remittance advice identifying the detail needed to perform cash application to the payee's accounts receivable system. The remittance advice can go directly from payer to payee, through a financial institution, or through a third party agent.
             
Heading:
  Pos Id Segment Name Req Max Use Repeat Notes Usage                                        
  010 ST Transaction Set Header M 1   Must use
  020 BPR Beginning Segment for Payment Order/Remittance Advice M 1   Must use
  030 NTE Note/Special Instruction O >1   Used
  035 TRN Trace O 1   Used
  050 REF Reference Identification O >1   Used
Loop ID - N1 >1        
  070 N1 Name O 1   Used      
Summary:
  Pos Id Segment Name Req Max Use Repeat Notes Usage                                        
  010 SE Transaction Set Trailer M 1   Must use
 

Comments:

1/035

 The TRN segment is used to uniquely identify a payment order/remittance advice.

1/070

 The N1 loop allows for name/address information for the payer and payee which would be utilized to address remittance(s) for delivery.

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