SEPA Credit Transfers (SCT)
The following list describes standard Credit Transfer Reason Codes:
Many SDD codes are also included in the Credit Transfer Reason Code. However for extensive list of R-transaction Reason Codes with detailed explanations and possible solutions, see:Guidance on Reason Codes for SEPA Credit R-transactions
| Code | ISO Definition | R-Transaction Type |
|---|---|---|
| AC06 | Blocked Account | Return |
| AG01 | Transaction Forbidden | Return |
| BE04 | Missing Creditor Address | Return |
| CERI | Check Extended Remittance Information (ERI) | Reject |
| CNOR | Creditor Bank Is Not Registered | Reject, Return |
| ED05 | Settlement Failed | Reject |
| MD07 | End Customer Deceased | Return |
| MS03 | Not Specified Reason | Reject, Return |
| RR03 | Missing Creditor's Name or Address | Reject, Return |
| RR04 | Regulatory Reason | Reject, Return; Negative answer to SCT Inquiry "Claim Non-Receipt" |
| TECH | Technical Problem | Recall |