Update: Bank Consolidation: Sears ACH Co Names and ID's

"To Our EDI Trading Partners:

Effective April 6, 2009, Sears Holdings will be moving our bank payments for Sears from Harris Bank to Wachovia.

If you receive your EDI remittance data directly from Sears, this bank change affects 820 transactions sent from 08*6111250028 only.

You may notice several changes as a result of this move. In preparation of this change, on March 16, 2009, Sears will transmit prenote transactions to Wachovia. This may create an entry on your bank statement, but there will not be any money transferred. Additionally, the bank account numbers, and the payer name in the 820 will change to reflect Sears Holdings Management Corporation. 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. Most importantly, 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.

Frequently asked questions about this change are outlined below. Additional questions not addressed in this communication should be directed to our EDI team at searsedi@searshc.com.

Frequently Asked Questions:
Q: What date will the bank, account #, and routing # be changing?
A: The planned date of change for Sears is April 6, 2009. Kmart has already transitioned to Wachovia.

Q: What are the current & new routing & account #'s for Sears and Kmart?
A: The routing & account #'s are available in the EDI section of "In the News" on Sears Business Exchange® (https://business.sears.com/). Refer to the article "Update: Bank Consolidation: Sears ACH Co Names and ID's.

Q: What EDI 820 segments will be affected?
A: The data contained in the element N102 (where N101 = PR) and the BPR 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. Orchard Hardware uses a different EDI system and different sender/receiver IDs."