ExternalCancellationReason1Code
AGNT Reason Code: Incorrect Agent
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AGNT means incorrect agent in the ISO 20022 cancellation reason code set. A bank in the payment chain is wrong: the payment was routed to an agent that is not the right one for the beneficiary or the currency.
- Code
- AGNT
- ISO name
- IncorrectAgent
- Status
- Registered
- Last updated
- 2017-02-08
Official definition
Agent in the payment workflow is incorrect.
What it means in practice
In a camt.056 cancellation request (or camt.055 from a customer), a cancellation reason code explains why the sender asks for a payment to be stopped or its funds returned. It sits in Undrlyg/TxInf/CxlRsnInf/Rsn/Cd.
A bank in the payment chain is wrong: the payment was routed to an agent that is not the right one for the beneficiary or the currency. In cancellation requests it asks to stop a payment sent through the wrong agent.
What to do
- Check the routing:
CdtrAgt,IntrmyAgt1and the settlement agents, or fields 56a and 57a in MT. Use the beneficiary bank's published settlement instructions for the currency.
Messages and fields that use ExternalCancellationReason1Code
| Message | Element path |
|---|---|
| camt.056 | Undrlyg/TxInf/CxlRsnInf/Rsn/Cd, Undrlyg/OrgnlGrpInfAndCxl/CxlRsnInf/Rsn/Cd |
| camt.008 | CxlRsn/Rsn/Cd |
| camt.037 | Dtl/CxlRsn/Cd |
| camt.055 | Undrlyg/OrgnlGrpInfAndCxl/CxlRsnInf/Rsn/Cd, Undrlyg/OrgnlPmtInfAndCxl/CxlRsnInf/Rsn/Cd, Undrlyg/OrgnlPmtInfAndCxl/TxInf/CxlRsnInf/Rsn/Cd |
| camt.110 | InvstgtnData/AddtlReqData/ReqdDbtAuthstn/CxlRsn/Cd |
| camt.116 | versions 001.01 |
AGNT in other code sets
AGNT questions
- What does AGNT mean in ISO 20022?
- AGNT is Incorrect Agent in the ExternalCancellationReason1Code code set: Agent in the payment workflow is incorrect.
- What should I do when I get AGNT?
- Check the routing: CdtrAgt, IntrmyAgt1 and the settlement agents, or fields 56a and 57a in MT. Use the beneficiary bank's published settlement instructions for the currency.
- Where does AGNT appear in a message?
- For example in camt.056, element Undrlyg/TxInf/CxlRsnInf/Rsn/Cd.
All ExternalCancellationReason1Code codes · ISO 20022 code sets
The ISO 20022 code names and definitions on this page are reproduced from material published at iso20022.org under the ISO 20022 Intellectual Property Rights policy. This is not the official source: the up-to-date ISO 20022 standards and repository material are published only at iso20022.org. Explanations in our own words are by ZagTrader. ZagTrader is not affiliated with or endorsed by ISO or Swift.