Registered in sourceSource release: August 2026 (v3)
Published definition
The parties have fulfilled all liabilities under the contract (loan agreement), including fulfillment of the liabilities by a resident third party (by another resident party).
Additional source information
Code Allowed for the Reporting Party
Code set and usage
Contract closure reason contains 9 registered codes. Its exact identifier is ExternalContractClosureReason1Code.
Specifies a contract closure reason code, as published in the external ISO 20022 external 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.