ExternalContractClosureReason1Code
PTAA Reason Code: Transferred To Another Registration Agent Or All Accounts Closed
Written and maintained by ZagTrader. Last reviewed . How this page is sourced and checked
PTAA means transferred to another registration agent or all accounts closed in the ISO 20022 contract closure reason code set. The registered contract has been transferred from the bank together with the transfer of the underlying contract (loan agreement) for servicing to another authorised bank (to another affiliate of this authorised bank, from the head office to an affiliate of this authorised bank, or from an affiliate to the head office of this authorised bank), as well as if the resident closes all settlement accounts in the bank of the registered contract.
- Code
- PTAA
- ISO name
- TransferredToAnotherRegistrationAgentOrAllAccountsClosed
- Status
- Registered
- Last updated
- 2016-04-22
Official definition
The registered contract has been transferred from the bank together with the transfer of the underlying contract (loan agreement) for servicing to another authorised bank (to another affiliate of this authorised bank, from the head office to an affiliate of this authorised bank, or from an affiliate to the head office of this authorised bank), as well as if the resident closes all settlement accounts in the bank of the registered contract.
Messages and fields that use ExternalContractClosureReason1Code
PTAA questions
- What does PTAA mean in ISO 20022?
- PTAA is Transferred To Another Registration Agent Or All Accounts Closed in the ExternalContractClosureReason1Code code set: The registered contract has been transferred from the bank together with the transfer of the underlying contract (loan agreement) for servicing to another authorised bank (to another affiliate of this authorised bank, from the head office to an affiliate of this authorised bank, or from an affiliate to the head office of this authorised bank), as well as if the resident closes all settlement accounts in the bank of the registered contract.
- Where does PTAA 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.