ISO 20022 reason code · pacs.002 · pacs.004 · camt.056
UPAYUndue payment
What does reason code UPAY mean?
Undue payment. Payment is not justified.
Code
UPAY
Group
Amount & duplicates
Used in
pacs.002 (reject or status report), pacs.004 (return of funds), camt.056 (recall (cancellation request))
What to do when you receive UPAY
- The payment was not justified, for example sent in error. Confirm with the payer before returning or resending.
Definition by message
| Message | ISO 20022 definition |
|---|---|
| pacs.002 | Payment is not justified.TxInfAndSts/StsRsnInf/Rsn/Cd |
| pacs.004 | Payment is not justified.TxInf/RtrRsnInf/Rsn/Cd |
| camt.056 | Payment is not justified.Undrlyg/TxInf/CxlRsnInf/Rsn/Cd |
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