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ExternalReturnReason1Code

RC03 Reason Code: Invalid Debtor Bank Identifier

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RC03 means invalid debtor bank identifier in the ISO 20022 return reason code set. Debtor bank identifier is invalid or missing.

Code
RC03
ISO name
InvalidDebtorBankIdentifier
Status
Registered
Last updated
2023-03-23

Official definition

Debtor bank identifier is invalid or missing.

Definition from the ISO 20022 External Code Sets, 2Q2026 (published 28 Aug 2026).

Messages and fields that use ExternalReturnReason1Code

MessageElement path
pacs.004TxInf/RtrRsnInf/Rsn/Cd, OrgnlGrpInf/RtrRsnInf/Rsn/Cd
camt.053Stmt/Ntry/NtryDtls/TxDtls/RtrInf/Rsn/Cd
camt.054Ntfctn/Ntry/NtryDtls/TxDtls/RtrInf/Rsn/Cd
camt.052Rpt/Ntry/NtryDtls/TxDtls/RtrInf/Rsn/Cd
trck.001TrckrStsAndTx/Tx/RjctRtrRsn/Rsn/Cd, TrckrStsAndTx/TxSts/RjctRtrRsn/Rsn/Cd
trck.002TrckrStsAndTx/Tx/RjctRtrRsn/Rsn/Cd, TrckrStsAndTx/TxSts/RjctRtrRsn/Rsn/Cd
trck.004TrckrStsAndTx/Tx/RjctRtrRsn/Rsn/Cd, TrckrStsAndTx/TxSts/RjctRtrRsn/Rsn/Cd

RC03 in other code sets

RC03 questions

What does RC03 mean in ISO 20022?
RC03 is Invalid Debtor Bank Identifier in the ExternalReturnReason1Code code set: Debtor bank identifier is invalid or missing.
Where does RC03 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.