ExternalContractClosureReason1Code
PRNR Reason Code: Contract Registration Not Required
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PRNR means contract registration not required in the ISO 20022 contract closure reason code set. At the termination of the grounds (under the regulation) require the registered contract to be issued, including the cases resulting from making the appropriate changes and (or) additions to the contract (loan agreement), or if the registered contract has been wrongly issued in the absence in the contract (loan agreement) of any grounds for its issuance.
- Code
- PRNR
- ISO name
- ContractRegistrationNotRequired
- Status
- Registered
- Last updated
- 2016-04-22
Official definition
At the termination of the grounds (under the regulation) require the registered contract to be issued, including the cases resulting from making the appropriate changes and (or) additions to the contract (loan agreement), or if the registered contract has been wrongly issued in the absence in the contract (loan agreement) of any grounds for its issuance.
Messages and fields that use ExternalContractClosureReason1Code
PRNR questions
- What does PRNR mean in ISO 20022?
- PRNR is Contract Registration Not Required in the ExternalContractClosureReason1Code code set: At the termination of the grounds (under the regulation) require the registered contract to be issued, including the cases resulting from making the appropriate changes and (or) additions to the contract (loan agreement), or if the registered contract has been wrongly issued in the absence in the contract (loan agreement) of any grounds for its issuance.
- Where does PRNR 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.