CURR Reason Code: Incorrect Currency
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CURR means incorrect currency in the ISO 20022 status reason code set. The currency of the payment is wrong for the beneficiary, the account or the agreement.
- Code
- CURR
- ISO name
- IncorrectCurrency
- Status
- Registered
- Last updated
- 2009-04-01
Official definition
Currency of the payment is incorrect
What it means in practice
In a pacs.002 or pain.002 status report, a status reason code explains why a payment instruction was rejected (RJCT) or why it has another status. It sits in TxInfAndSts/StsRsnInf/Rsn/Cd.
The currency of the payment is wrong for the beneficiary, the account or the agreement.
What to do
- Agree the currency with the counterparty, then cancel or return the wrong payment and send a new one.
Messages and fields that use ExternalStatusReason1Code
| Message | Element path |
|---|---|
| pacs.002 | TxInfAndSts/StsRsnInf/Rsn/Cd, OrgnlGrpInfAndSts/StsRsnInf/Rsn/Cd |
| pain.002 | OrgnlGrpInfAndSts/StsRsnInf/Rsn/Cd, OrgnlPmtInfAndSts/StsRsnInf/Rsn/Cd, OrgnlPmtInfAndSts/TxInfAndSts/StsRsnInf/Rsn/Cd |
| auth.027 | GrpSts/StsRsn/Rsn/Cd, PackgSts/StsRsn/Rsn/Cd, PackgSts/RcrdSts/StsRsn/Rsn/Cd |
| camt.025 | RctDtls/ReqHdlg/StsRsn/Rsn/Cd |
| camt.111 | InvstgtnRspn/InvstgtnData/RspnData/TxSts/StsRsnInf/Rsn/Cd |
| pain.014 | OrgnlGrpInfAndSts/StsRsnInf/Rsn/Cd, OrgnlPmtInfAndSts/StsRsnInf/Rsn/Cd, OrgnlPmtInfAndSts/TxInfAndSts/StsRsnInf/Rsn/Cd |
| reda.016 | PtySts/StsRsn/Rsn/Cd |
| reda.020 | SctiesAcctSts/StsRsn/Rsn/Cd |
| reda.047 | SctyCSDLkSts/StsRsn/Rsn/Cd |
| reda.051 | AcctLkSts/StsRsn/Rsn/Cd |
And 8 more messages: see the ExternalStatusReason1Code page.
CURR in other code sets
CURR questions
- What does CURR mean in ISO 20022?
- CURR is Incorrect Currency in the ExternalStatusReason1Code code set: Currency of the payment is incorrect
- What should I do when I get CURR?
- Agree the currency with the counterparty, then cancel or return the wrong payment and send a new one.
- Where does CURR appear in a message?
- For example in pacs.002, element TxInfAndSts/StsRsnInf/Rsn/Cd.
All ExternalStatusReason1Code codes · ISO 20022 code sets · pacs.002 reject reasons explained
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.