ISO 20022 · Return reason
RC08 Invalid Clearing System Member Identifier
Code setExternalReturnReason1Code
Published definition
ClearingSystemMemberidentifier is invalid or missing. Generic usage if cannot specify between debit or credit account.
Additional source information
CR0965
Code set and usage
Return reason contains 104 registered codes. Its exact identifier is ExternalReturnReason1Code.
Specifies the return reason, as published in an external return 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 RC08. Their meanings belong to their respective sets.