What does AM02 mean in ISO 20022?

AM02 is Not Allowed Amount in the ExternalMandateReason1Code code set: Specific transaction/message amount is greater than allowed maximum

Where does AM02 appear in a message?

For example in pain.010, element UndrlygAmdmntDtls/AmdmntRsn/Rsn/Cd.

ExternalMandateReason1Code

AM02 Reason Code: Not Allowed Amount

Written and maintained by ZagTrader. Last reviewed 21 October 2026. How this page is sourced and checked

AM02 means not allowed amount in the ISO 20022 mandate reason code set. Specific transaction/message amount is greater than allowed maximum

Code: AM02
ISO name: NotAllowedAmount
Status: Registered
Last updated: 2010-11-01

Official definition

Specific transaction/message amount is greater than allowed maximum

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

Messages and fields that use ExternalMandateReason1Code

Message	Element path
pain.010	UndrlygAmdmntDtls/AmdmntRsn/Rsn/Cd
pain.011	UndrlygCxlDtls/CxlRsn/Rsn/Cd
pain.012	UndrlygAccptncDtls/AccptncRslt/RjctRsn/Cd

AM02 in other code sets

AM02 questions

What does AM02 mean in ISO 20022?: AM02 is Not Allowed Amount in the ExternalMandateReason1Code code set: Specific transaction/message amount is greater than allowed maximum
Where does AM02 appear in a message?: For example in pain.010, element UndrlygAmdmntDtls/AmdmntRsn/Rsn/Cd.

All ExternalMandateReason1Code 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.