NOFR Reason Code: Outstanding Funding For Settlement
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NOFR means outstanding funding for settlement in the ISO 20022 rejected reason code set. Warning messages that is send to participants when settlement account must be funded.
- Code
- NOFR
- ISO name
- OutstandingFundingForSettlement
- Status
- Registered
- Last updated
- 2021-08-31
Official definition
Warning messages that is send to participants when settlement account must be funded.
Messages and fields that use ExternalRejectedReason1Code
| Message | Element path |
|---|---|
| reda.058 | versions 001.01 |
NOFR in other code sets
NOFR questions
- What does NOFR mean in ISO 20022?
- NOFR is Outstanding Funding For Settlement in the ExternalRejectedReason1Code code set: Warning messages that is send to participants when settlement account must be funded.
All ExternalRejectedReason1Code 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.