ZagTrader

ExternalMandateReason1Code

MD08 Reason Code: No Mandate Service By Agent

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

MD08 means no mandate service by agent in the ISO 20022 mandate reason code set. Receiving agent does not offer specified Mandate services

Code
MD08
ISO name
NoMandateServiceByAgent
Status
Registered
Last updated
2010-11-01

Official definition

Receiving agent does not offer specified Mandate services

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

Messages and fields that use ExternalMandateReason1Code

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

MD08 questions

What does MD08 mean in ISO 20022?
MD08 is No Mandate Service By Agent in the ExternalMandateReason1Code code set: Receiving agent does not offer specified Mandate services
Where does MD08 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.