Occasionally you may have an unsuccessful transaction when using SEPA Direct Debit (SDD) or SEPA Credit Transfer. These transaction errors are called R-transaction messages.
They are named R-transactions because all transaction message names begin with R: Refusals, Rejects, Returns, Refunds, Reversals and, Recall by the Originator (RFRO).
The following list outlines some of the common of SEPA Direct Debit Reason Codes:
For an extensive list of R-transaction Reason Codes with detailed explanations and possible solutions, see: Guidance on Reason Codes for SEPA Direct Debit R-transactions
|Code||ISO Definition||R-Transaction Type|
|AC01||Incorrect Account Number||Reject,Return|
|AC04||Account Closed||Reject, Negative answer to a recall or to a RFRO|
|MD06||Refund Request By End Customer||Refund|
|MD07||End Customer Deceased||Reject,Return|
|MS02||Not Specified Reason Customer Generated (Usually Refusal by the Debtor)||Reject,Return,Reversal,Refusal|
|MS03||Not Specified Reason Customer Generated||Reject,Return,Reversal,Refusal|