ExternalPaymentCancellationRejection1Code
INDM Code: Cancellation Indemnity Required
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INDM means cancellation indemnity required in the ISO 20022 payment cancellation rejection code set. Complementing a Pending or Reject Status. Payment cancellation request cannot be accepted until an indemnity agreement is established.
- Code
- INDM
- ISO name
- CancellationIndemnityRequired
- Status
- Registered
- Last updated
- 2025-05-31
Official definition
Complementing a Pending or Reject Status. Payment cancellation request cannot be accepted until an indemnity agreement is established.
Messages and fields that use ExternalPaymentCancellationRejection1Code
| Message | Element path |
|---|---|
| camt.029 | CxlDtls/TxInfAndSts/CxlStsRsnInf/Rsn/Cd, CxlDtls/OrgnlGrpInfAndSts/CxlStsRsnInf/Rsn/Cd, CxlDtls/OrgnlPmtInfAndSts/CxlStsRsnInf/Rsn/Cd, CxlDtls/OrgnlPmtInfAndSts/TxInfAndSts/CxlStsRsnInf/Rsn/Cd |
INDM in other code sets
INDM questions
- What does INDM mean in ISO 20022?
- INDM is Cancellation Indemnity Required in the ExternalPaymentCancellationRejection1Code code set: Complementing a Pending or Reject Status. Payment cancellation request cannot be accepted until an indemnity agreement is established.
- Where does INDM appear in a message?
- For example in camt.029, element CxlDtls/TxInfAndSts/CxlStsRsnInf/Rsn/Cd.
All ExternalPaymentCancellationRejection1Code 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.