ISO 20022 Academy

Reason codes · ISO 20022 code

RC01

BankIdentifierIncorrect — The BIC / bank identifier is incorrect.

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Code: RC01
Name: BankIdentifierIncorrect
Code set: Reason codes
Carried in: Rsn/Cd — in reject, return, status and cancellation messages

Part of the ISO 20022 Dictionary — the reference layer of ISO 20022 Academy. Written by Revanth Sai Rayapati.