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ExternalCancellationReason1Code

PAID Reason Code: Transaction Already Paid

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PAID means transaction already paid in the ISO 20022 cancellation reason code set. The underlying transaction in relation to an RTP was already paid (via other means).

Code
PAID
ISO name
TransactionAlreadyPaid
Status
Registered
Last updated
2020-11-01

Official definition

The underlying transaction in relation to an RTP was already paid (via other means).

Definition from the ISO 20022 External Code Sets, 2Q2026 (published 28 Aug 2026).

Messages and fields that use ExternalCancellationReason1Code

MessageElement path
camt.056Undrlyg/TxInf/CxlRsnInf/Rsn/Cd, Undrlyg/OrgnlGrpInfAndCxl/CxlRsnInf/Rsn/Cd
camt.008CxlRsn/Rsn/Cd
camt.037Dtl/CxlRsn/Cd
camt.055Undrlyg/OrgnlGrpInfAndCxl/CxlRsnInf/Rsn/Cd, Undrlyg/OrgnlPmtInfAndCxl/CxlRsnInf/Rsn/Cd, Undrlyg/OrgnlPmtInfAndCxl/TxInf/CxlRsnInf/Rsn/Cd
camt.110InvstgtnData/AddtlReqData/ReqdDbtAuthstn/CxlRsn/Cd
camt.116versions 001.01

PAID questions

What does PAID mean in ISO 20022?
PAID is Transaction Already Paid in the ExternalCancellationReason1Code code set: The underlying transaction in relation to an RTP was already paid (via other means).
Where does PAID 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.