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ISO 20022 · Accepted reason
SMPG Market Practice Rule Discrepency
Registered in sourceSource release: August 2026 (v3)Source details
Code setExternalAcceptedReason1Code
Published definition
Instruction is accepted but does not comply with the market practice rule published for the concerned market or process
Code set and usage
Accepted reason contains 3 registered codes. Its exact identifier is ExternalAcceptedReason1Code.
Specifies the reason for an accepted status. 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.