CNOR Reason Code: Creditor Bank Is Not Registered
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CNOR means creditor bank is not registered in the ISO 20022 return reason code set. The creditor's bank is not reachable under this BIC in the clearing system that was used.
- Code
- CNOR
- ISO name
- CreditorBankIsNotRegistered
- Status
- Registered
- Last updated
- 2012-07-16
Official definition
Creditor bank is not registered under this BIC in the CSM
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 creditor's bank is not reachable under this BIC in the clearing system that was used. The BIC may be correct, but the bank is not a participant of that scheme.
What to do
- Check the clearing system directory for a reachable route to the beneficiary bank, or send the payment through a correspondent.
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 |
CNOR in other code sets
CNOR questions
- What does CNOR mean in ISO 20022?
- CNOR is Creditor Bank Is Not Registered in the ExternalReturnReason1Code code set: Creditor bank is not registered under this BIC in the CSM
- What should I do when I get CNOR?
- Check the clearing system directory for a reachable route to the beneficiary bank, or send the payment through a correspondent.
- Where does CNOR 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.