RC14 Reason Code: Participant In BCP No CLS Instructions Allowed
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RC14 means participant in bcp no cls instructions allowed in the ISO 20022 rejected reason code set. Participant is in BCP no settlement instruction for CLS.
- Code
- RC14
- ISO name
- ParticipantInBCPNoCLSInstructionsAllowed
- Status
- Registered
- Last updated
- 2021-08-31
Official definition
Participant is in BCP no settlement instruction for CLS.
Messages and fields that use ExternalRejectedReason1Code
| Message | Element path |
|---|---|
| reda.058 | versions 001.01 |
RC14 questions
- What does RC14 mean in ISO 20022?
- RC14 is Participant In BCP No CLS Instructions Allowed in the ExternalRejectedReason1Code code set: Participant is in BCP no settlement instruction for CLS.
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.