ISO 20022 · Status reason
AG07Unsuccesful Direct Debit
Published definition
Debtor account cannot be debited for a generic reason. 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
Code set and usage
Status reason contains 315 registered codes. Its exact identifier is ExternalStatusReason1Code.
Specifies the status reason, as published in an external status 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.