What does RCVC mean in ISO 20022?

RCVC is Received Verification Completed in the ExternalPaymentGroupStatus1Code code set: Verification of Payee check have been applied to received transactions stating to be complete without mismatching data.

Where does RCVC appear in a message?

For example in pacs.002, element OrgnlGrpInfAndSts/GrpSts.

ExternalPaymentGroupStatus1Code

RCVC Status Code: Received Verification Completed

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

RCVC means received verification completed in the ISO 20022 payment group status code set. Verification of Payee check have been applied to received transactions stating to be complete without mismatching data.

Code: RCVC
ISO name: ReceivedVerificationCompleted
Status: Registered
Last updated: 2025-02-28

Official definition

Verification of Payee check have been applied to received transactions stating to be complete without mismatching data.

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

Messages and fields that use ExternalPaymentGroupStatus1Code

Message	Element path
pacs.002	OrgnlGrpInfAndSts/GrpSts
pain.002	OrgnlGrpInfAndSts/GrpSts, OrgnlPmtInfAndSts/PmtInfSts
pain.014	OrgnlGrpInfAndSts/GrpSts, OrgnlPmtInfAndSts/PmtInfSts

RCVC in other code sets

RCVC in ExternalPaymentTransactionStatus1Code

RCVC questions

What does RCVC mean in ISO 20022?: RCVC is Received Verification Completed in the ExternalPaymentGroupStatus1Code code set: Verification of Payee check have been applied to received transactions stating to be complete without mismatching data.
Where does RCVC appear in a message?: For example in pacs.002, element OrgnlGrpInfAndSts/GrpSts.

All ExternalPaymentGroupStatus1Code 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.