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ExternalReversalReason1Code

MD01 Reason Code: No Mandate

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MD01 means no mandate in the ISO 20022 reversal reason code set. No Mandate

Code
MD01
ISO name
NoMandate
Status
Registered
Last updated
2009-04-01

Official definition

No Mandate

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

Messages and fields that use ExternalReversalReason1Code

MessageElement path
pacs.007TxInf/RvslRsnInf/Rsn/Cd, OrgnlGrpInf/RvslRsnInf/Rsn/Cd
pain.007OrgnlGrpInf/RvslRsnInf/Rsn/Cd, OrgnlPmtInfAndRvsl/RvslRsnInf/Rsn/Cd, OrgnlPmtInfAndRvsl/TxInf/RvslRsnInf/Rsn/Cd

MD01 in other code sets

MD01 questions

What does MD01 mean in ISO 20022?
MD01 is No Mandate in the ExternalReversalReason1Code code set: No Mandate
Where does MD01 appear in a message?
For example in pacs.007, element TxInf/RvslRsnInf/Rsn/Cd.

All ExternalReversalReason1Code 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.