ISO 20022 · Accepted reason

SMPGMarket Practice Rule Discrepency

Registered in sourceSource release: August 2026 (v3)

Published definition

Instruction is accepted but does not comply with the market practice rule published for the concerned market or process

Code set and usage

Accepted reason contains 3 registered codes. Its exact identifier is ExternalAcceptedReason1Code.

Specifies the reason for an accepted status. The list of valid codes is an external code list published separately. External code sets can be downloaded from www.iso20022.org.

Use the code with the applicable message version and implementation guide. A matching code value alone does not establish the same meaning in another set.

View 1 published message reference