ISO 20022 · Payment modification rejection
UM20Instruction Cancelled Submit New Instruction
Published definition
Used to inform of cancellation and request a new payment instruction. This should only be used if an agent does not want to modify a pending payment.
Code set and usage
Payment modification rejection contains 28 registered codes. Its exact identifier is ExternalPaymentModificationRejection1Code.
Specifies the reason for the rejection of a modification, as published in an external payment modification rejection 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.