BE05 Reason Code: Unrecognised Initiating Party
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BE05 means unrecognised initiating party in the ISO 20022 return reason code set. The end customer does not recognise the party that initiated the payment or direct debit.
- Code
- BE05
- ISO name
- UnrecognisedInitiatingParty
- Status
- Registered
- Last updated
- 2009-04-01
Official definition
Party who initiated the message is not recognised by the end customer
What it means in practice
In a pacs.004 payment return, a return reason code explains why funds that were already settled are being sent back. It sits in TxInf/RtrRsnInf/Rsn/Cd, and bank statements (camt.053, camt.054) repeat it in RtrInf/Rsn/Cd.
The end customer does not recognise the party that initiated the payment or direct debit. You see it mostly with direct debits the debtor did not expect.
What to do
- Check the creditor identifier and mandate details, and contact the debtor to confirm they agreed to the collection.
Messages and fields that use ExternalReturnReason1Code
| Message | Element path |
|---|---|
| pacs.004 | TxInf/RtrRsnInf/Rsn/Cd, OrgnlGrpInf/RtrRsnInf/Rsn/Cd |
| camt.053 | Stmt/Ntry/NtryDtls/TxDtls/RtrInf/Rsn/Cd |
| camt.054 | Ntfctn/Ntry/NtryDtls/TxDtls/RtrInf/Rsn/Cd |
| camt.052 | Rpt/Ntry/NtryDtls/TxDtls/RtrInf/Rsn/Cd |
| trck.001 | TrckrStsAndTx/Tx/RjctRtrRsn/Rsn/Cd, TrckrStsAndTx/TxSts/RjctRtrRsn/Rsn/Cd |
| trck.002 | TrckrStsAndTx/Tx/RjctRtrRsn/Rsn/Cd, TrckrStsAndTx/TxSts/RjctRtrRsn/Rsn/Cd |
| trck.004 | TrckrStsAndTx/Tx/RjctRtrRsn/Rsn/Cd, TrckrStsAndTx/TxSts/RjctRtrRsn/Rsn/Cd |
BE05 in other code sets
BE05 questions
- What does BE05 mean in ISO 20022?
- BE05 is Unrecognised Initiating Party in the ExternalReturnReason1Code code set: Party who initiated the message is not recognised by the end customer
- What should I do when I get BE05?
- Check the creditor identifier and mandate details, and contact the debtor to confirm they agreed to the collection.
- Where does BE05 appear in a message?
- For example in pacs.004, element TxInf/RtrRsnInf/Rsn/Cd.
All ExternalReturnReason1Code 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.