Bank Consolidation: Sears ACH Co Names and Ids

"To our EDI Trading Partners:

This letter addresses the common questions we have received regarding our upcoming bank change. If you have already sent us an email with these questions, please use the information contained in this letter as your answer. We will not be responding to individual emails on these topics.

Q: What date will the bank, account #, and routing # be changing:
A: The planned dates of change are March 2, 2008 for Sears and April 5, 2008 for Kmart.

Q: What are the current & new routing & account #’s for Sears and Kmart?
A: The routing and account #’s are as follows:

Sears EFT Information
Before March 2, 2008 Starting March 2, 2008
Harris Bank Wachovia Bank

Kmart EFT Information
Until April 5, 2008 Starting April 5, 2008
Bank of New York Wachovia Bank

Q: What EDI 820 segments will be affected?
A: The data contained in the element N102 (where N101 = PR) and the BPT segment will be changing to reflect updated payer name, routing #, and account #. The format of these segments will not be changing.


Q: I am currently receiving separate payments from Sears and Kmart. Will these payments be combined as part of this change?

A: If you are currently receiving separate payments for Sears and Kmart, you will continue to receive separate payments. If you currently receive combined payments, they will continue to be combined.

Q: Does this change affect Orchard Hardware?
A: This change does not affect Orchard Hardware. Payments for Orchard Hardware will continue to go through Harris Bank.

Should you need any information not addressed in this FAQ, please send your inquiry to our EDI Support Manager, Jennifer Ritorno, at jritorn@searshc.com.

Beth Ligenza
Director, Merchandise Support
mailto:eligenz@searshc.com



Original communication follows:

Subject: Bank Consolidation: Sears ACH Co Names and IDs
Date: January 23, 2008

To our EDI Trading Partners:

Effective at the end of February for Sears and the end of March for Kmart, we will be moving our bank payments from Harris (Sears) and Bank of New York (Kmart) to Wachovia. You may notice several changes as a result of this move. Please make sure you have not hard coded any of this information into your current transactions or systems, as they will fail following our move to Wachovia.

The changes you will see are to the bank account numbers and routing numbers, the payer name in the 820, and you will receive your money from Wachovia. You may need to inform your bank of these changes to prevent any delay in the receipt of funds.

The new payer name will reflect Sears Holdings Management Corporation. Again, please make sure that this information is not hard coded in your 820, and that your company does not require any other internal changes to support the new routing and account numbers.

Reminder communication will be sent prior to the change over for Sears and again for Kmart. Questions on this change can be directed to Jennifer Ritorno, EDI Support Manager, jritorn@searshc.com.

Beth Ligenza
Director, Merchandise Support
eligenz@searshc.com"