← ISO 20022 Reason Codes
ISO 20022 reason code · pacs.002 · pacs.004 · camt.029

AM04Insufficient funds

What does reason code AM04 mean?

Insufficient funds. Amount of funds available to cover specified message amount is insufficient.

Code
AM04
Group
Amount & duplicates
Used in
pacs.002 (reject or status report), pacs.004 (return of funds), camt.029 (answer to a recall)

What to do when you receive AM04

  • SDD: there is no automatic re-presentation in SEPA. Collect again as a new collection with a new due date, if your terms allow it.
  • In a camt.029 it means the beneficiary no longer has the money, so the recall failed.

In SEPA

Mostly seen on SDD returns, because for credit transfers the debtor bank checks funds before sending. Some SEPA banks report MS03 instead of AM04 for data-protection reasons.

Definition by message

MessageISO 20022 definition
pacs.002Amount of funds available to cover specified message amount is insufficient.TxInfAndSts/StsRsnInf/Rsn/Cd
pacs.004Amount of funds available to cover specified message amount is insufficient.TxInf/RtrRsnInf/Rsn/Cd
camt.029Amount of funds available to cover specified message amount is insufficient.CxlDtls/TxInfAndSts/CxlStsRsnInf/Rsn/Cd

Decode any value

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Open the ISO 20022 Reason Codes

Related codes

MS03Reason not specified, agent generatedAM02Amount not allowedMD06Refund request by end customer

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