Registered in sourceSource release: August 2026 (v3)
Published definition
The payment is cancelled since a cash amount rendered was not correct or goods or a service was not rendered to the customer, e.g. in an e-commerce situation.
Code set and usage
Cancellation reason contains 33 registered codes. Its exact identifier is ExternalCancellationReason1Code.
Specifies the cancellation reason, as published in an external cancellation reason code set. 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.