ISO 20022 · Payment cancellation rejection
INDM Cancellation Indemnity Required
Code setExternalPaymentCancellationRejection1Code
Published definition
Complementing a Pending or Reject Status. Payment cancellation request cannot be accepted until an indemnity agreement is established.
Code set and usage
Payment cancellation rejection contains 27 registered codes. Its exact identifier is ExternalPaymentCancellationRejection1Code.
Specifies the reason for the rejection of a cancellation, as published in an external payment cancellation 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.
This code in other sets 1
These share the characters INDM. Their meanings belong to their respective sets.