ISO 20022 · Return reason
AG07Unsuccesful Direct Debit
Published definition
Debtor account cannot be debited for a generic reason. Usage: Code value may be used in general purposes and as a replacement for AM04 if debtor bank does not reveal its customer's insufficient funds for privacy reasons.
Additional source information
CR0965
Code set and usage
Return reason contains 104 registered codes. Its exact identifier is ExternalReturnReason1Code.
Specifies the return reason, as published in an external return reason code list. 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.
This code in other sets 1
These share the characters AG07. Their meanings belong to their respective sets.