What does MD05 mean in ISO 20022?

MD05 is Collection Not Due in the ExternalReversalReason1Code code set: Creditor or creditor's agent should not have collected the direct debit

Where does MD05 appear in a message?

For example in pacs.007, element TxInf/RvslRsnInf/Rsn/Cd.

ExternalReversalReason1Code

MD05 Reason Code: Collection Not Due

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

MD05 means collection not due in the ISO 20022 reversal reason code set. Creditor or creditor's agent should not have collected the direct debit

Code: MD05
ISO name: CollectionNotDue
Status: Registered
Last updated: 2009-04-01

Official definition

Creditor or creditor's agent should not have collected the direct debit

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

Messages and fields that use ExternalReversalReason1Code

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

MD05 in other code sets

MD05 questions

What does MD05 mean in ISO 20022?: MD05 is Collection Not Due in the ExternalReversalReason1Code code set: Creditor or creditor's agent should not have collected the direct debit
Where does MD05 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.