Registered in sourceSource release: August 2026 (v3)
Published definition
Specific transaction/message amount is greater than allowed maximum
Code set and usage
Mandate reason contains 48 registered codes. Its exact identifier is ExternalMandateReason1Code.
Specifies the external mandate processing reason code in the format of character string with a maximum length of 4 characters. 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.