ExternalVerificationReason1Code
AG01 Reason Code: Transaction Forbidden On This Account
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AG01 means transaction forbidden on this account in the ISO 20022 verification reason code set. Transaction forbidden on this type of account (Payment cannot be made to this account for example not open for deposits, blocked, closed).
- Code
- AG01
- ISO name
- TransactionForbiddenOnThisAccount
- Status
- Registered
- Last updated
- 2023-11-30
Official definition
Transaction forbidden on this type of account (Payment cannot be made to this account for example not open for deposits, blocked, closed).
Messages and fields that use ExternalVerificationReason1Code
| Message | Element path |
|---|---|
| acmt.024 | Rpt/Rsn/Cd |
AG01 in other code sets
AG01 questions
- What does AG01 mean in ISO 20022?
- AG01 is Transaction Forbidden On This Account in the ExternalVerificationReason1Code code set: Transaction forbidden on this type of account (Payment cannot be made to this account for example not open for deposits, blocked, closed).
- Where does AG01 appear in a message?
- For example in acmt.024, element Rpt/Rsn/Cd.
All ExternalVerificationReason1Code 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.