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ISO 20022 · Re presentment reason
VLSD Verification Liability Shift Denied
Registered in sourceSource release: August 2026 (v3)Source details
Code setExternalRePresentmentReason1Code
Published definition
Liability Shift to acquirer due to missing cardholder verification method denied
Code set and usage
Re presentment reason contains 5 registered codes. Its exact identifier is ExternalRePresentmentReason1Code.
Specifies the external representment reason code in the format of character string with a maximum length of 4 characters. The list of valid codes is an external code list published separately.
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.