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ExternalMandateReason1Code

MD15 Reason Code: Incorrect Currency

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MD15 means incorrect currency in the ISO 20022 mandate reason code set. Currency of the transaction is incorrect

Code
MD15
ISO name
IncorrectCurrency
Status
Registered
Last updated
2010-11-01

Official definition

Currency of the transaction is incorrect

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

MD15 questions

What does MD15 mean in ISO 20022?
MD15 is Incorrect Currency in the ExternalMandateReason1Code code set: Currency of the transaction is incorrect
Where does MD15 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.