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

BE05Unrecognised initiating party

What does reason code BE05 mean?

Unrecognised initiating party. Party who initiated the message is not recognised by the end customer

Code
BE05
Group
Party & address
Used in
pacs.002 (reject or status report), pacs.004 (return of funds)

What to do when you receive BE05

  • SDD: the debtor does not recognise the creditor, or the creditor identifier is unknown to the debtor bank.
  • Check the creditor identifier and the name the debtor sees on the statement.

Definition by message

MessageISO 20022 definition
pacs.002Party who initiated the message is not recognised by the end customerTxInfAndSts/StsRsnInf/Rsn/Cd
pacs.004Party who initiated the message is not recognised by the end customerTxInf/RtrRsnInf/Rsn/Cd

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Related codes

MD01No mandateSL01Specific service offered by the debtor agent

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