What does RR03 mean in ISO 20022?

RR03 is Missing Creditor Name Or Address in the ExternalReturnReason1Code code set: Specification of the creditor’s name and/or address needed for regulatory requirements is insufficient or missing.

What should I do when I get RR03?

Provide the beneficiary's full name and address, with town and country at minimum.

Where does RR03 appear in a message?

For example in pacs.004, element TxInf/RtrRsnInf/Rsn/Cd.

ExternalReturnReason1Code

RR03 Reason Code: Missing Creditor Name Or Address

Written and maintained by ZagTrader. Last reviewed 21 October 2026. How this page is sourced and checked

RR03 means missing creditor name or address in the ISO 20022 return reason code set. The creditor's name or address required by regulation is missing or insufficient.

Code: RR03
ISO name: MissingCreditorNameOrAddress
Status: Registered
Last updated: 2009-04-01

Official definition

Specification of the creditor’s name and/or address needed for regulatory requirements is insufficient or missing.

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

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 name or address required by regulation is missing or insufficient.

What to do

Provide the beneficiary's full name and address, with town and country at minimum.

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

RR03 in other code sets

RR03 questions

What does RR03 mean in ISO 20022?: RR03 is Missing Creditor Name Or Address in the ExternalReturnReason1Code code set: Specification of the creditor’s name and/or address needed for regulatory requirements is insufficient or missing.
What should I do when I get RR03?: Provide the beneficiary's full name and address, with town and country at minimum.
Where does RR03 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.