ISO 20022 · Status reason
SL16Maximum Credit Transactions Amount Exceeded
Published definition
Maximum total credit amount allowed by the account servicer per service period exceeded.
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.