Appendix B - Reverse IU Transaction
- 22 Jul 2024
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Appendix B - Reverse IU Transaction
- Updated on 22 Jul 2024
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Agencies may determine an IU transaction was recorded in error and should be reversed. The sending or receiving agency may initiate a reversal however it will require approval from both the sending and receiving agencies.
Reverse IU transactions can only be performed online by the Agency Reverse IU Transaction Processor. Upon creating the transaction, the distribution lines will be dropped into the transaction in reverse. Distribution lines cannot be modified or added.
Upon submission, the transaction will continue through its transaction lifecycle. The transaction will continue at step 16 of the 110.3.1 Agency Record Inter/IntraUnit Transaction business subprocess.
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