ExternalContractClosureReason1Code
PCED Reason Code: Completed Contract
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PCED means completed contract in the ISO 20022 contract closure reason code set. The parties have fulfilled all liabilities under the contract (loan agreement), including fulfillment of the liabilities by a resident third party (by another resident party).
- Code
- PCED
- ISO name
- CompletedContract
- Status
- Registered
- Last updated
- 2016-04-22
Official definition
The parties have fulfilled all liabilities under the contract (loan agreement), including fulfillment of the liabilities by a resident third party (by another resident party).
Messages and fields that use ExternalContractClosureReason1Code
PCED questions
- What does PCED mean in ISO 20022?
- PCED is Completed Contract in the ExternalContractClosureReason1Code code set: The parties have fulfilled all liabilities under the contract (loan agreement), including fulfillment of the liabilities by a resident third party (by another resident party).
- Where does PCED appear in a message?
- For example in auth.019, element RegdCtrct/RegdCtrctJrnl/ClsrRsn/Cd.
All ExternalContractClosureReason1Code 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.