RC16 Reason Code: Participant Not Active Member Of SADCRTGS
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RC16 means participant not active member of sadcrtgs in the ISO 20022 rejected reason code set. Originator of the instruction is not an active participant in SADC RTGS.
- Code
- RC16
- ISO name
- ParticipantNotActiveMemberOfSADCRTGS
- Status
- Registered
- Last updated
- 2021-08-31
Official definition
Originator of the instruction is not an active participant in SADC RTGS.
Messages and fields that use ExternalRejectedReason1Code
| Message | Element path |
|---|---|
| reda.058 | versions 001.01 |
RC16 in other code sets
RC16 questions
- What does RC16 mean in ISO 20022?
- RC16 is Participant Not Active Member Of SADCRTGS in the ExternalRejectedReason1Code code set: Originator of the instruction is not an active participant in SADC RTGS.
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.