Canceling and Re-Issuing Payments with Flexible Bank Specification

When this functionality is enabled, cancelling and re-issuing a payment in the PDP clears the payee bank routing number and the payee bank account number but does not clear the disbursement bank code.

If the disbursement bank code is inactive, the bank code is re-assigned during the format process using the appropriate continuation bank code. To identify situations like this, use the Payment Bank History Lookup.

If not your institution is not using this functionality, then cancelling and re-issuing a payment in the PDP clears the payee bank routing number, the payee bank account number and the disbursement bank code.

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PDP General Ledger Entries with Flexible Bank Specification