What is an EDI 154 Secured Interest Filing?
EDI 154 is an electronic document containing information for interest filings. This transaction set can be used for the following purposes:
- To exchange secured interest filing information
- To file a uniform commercial code financing statement form
- To file judgments, liens, and other statements of secured interest
The data contents and format of EDI 154 Secured Interest Filing are used for the electronic interchange of information. It is divided into various segments and data elements.
Workflow for the Exchange of an EDI 154 Secured Interest Filing
The transaction set EDI 154 falls under the category of X12G Government. It is used by lending institutions, guarantee agencies, and secondary markets to send and receive information required to submit interest filings.
Stay EDI Compliant with EDIConnect
Simplifying the process of sending and receiving EDI messages, EDIConnect is designed for handling all X12, EDIFACT, and HL7 transaction sets. Featuring a built-in translator, validator, and transaction builder, EDIConnect aids communication between trading partners, as well as helps them streamline the process of information exchange with its process orchestration capabilities.