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ExternalStatusReason1Code

DC02 Reason Code: Settlement Not Received

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DC02 means settlement not received in the ISO 20022 status reason code set. Rejection of a payment due to covering FI settlement not being received.

Code
DC02
ISO name
SettlementNotReceived
Status
Registered
Last updated
2022-05-31

Official definition

Rejection of a payment due to covering FI settlement not being received.

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

Messages and fields that use ExternalStatusReason1Code

MessageElement path
pacs.002TxInfAndSts/StsRsnInf/Rsn/Cd, OrgnlGrpInfAndSts/StsRsnInf/Rsn/Cd
pain.002OrgnlGrpInfAndSts/StsRsnInf/Rsn/Cd, OrgnlPmtInfAndSts/StsRsnInf/Rsn/Cd, OrgnlPmtInfAndSts/TxInfAndSts/StsRsnInf/Rsn/Cd
auth.027GrpSts/StsRsn/Rsn/Cd, PackgSts/StsRsn/Rsn/Cd, PackgSts/RcrdSts/StsRsn/Rsn/Cd
camt.025RctDtls/ReqHdlg/StsRsn/Rsn/Cd
camt.111InvstgtnRspn/InvstgtnData/RspnData/TxSts/StsRsnInf/Rsn/Cd
pain.014OrgnlGrpInfAndSts/StsRsnInf/Rsn/Cd, OrgnlPmtInfAndSts/StsRsnInf/Rsn/Cd, OrgnlPmtInfAndSts/TxInfAndSts/StsRsnInf/Rsn/Cd
reda.016PtySts/StsRsn/Rsn/Cd
reda.020SctiesAcctSts/StsRsn/Rsn/Cd
reda.047SctyCSDLkSts/StsRsn/Rsn/Cd
reda.051AcctLkSts/StsRsn/Rsn/Cd

And 8 more messages: see the ExternalStatusReason1Code page.

DC02 questions

What does DC02 mean in ISO 20022?
DC02 is Settlement Not Received in the ExternalStatusReason1Code code set: Rejection of a payment due to covering FI settlement not being received.
Where does DC02 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.