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ExternalVerificationReason1Code

PN02 Reason Code: Account Owner Name Close Match

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PN02 means account owner name close match in the ISO 20022 verification reason code set. Account Owner name and Payment Account number is a close match.

Code
PN02
ISO name
AccountOwnerNameCloseMatch
Status
Registered
Last updated
2023-11-30

Official definition

Account Owner name and Payment Account number is a close match.

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

Messages and fields that use ExternalVerificationReason1Code

MessageElement path
acmt.024Rpt/Rsn/Cd

PN02 questions

What does PN02 mean in ISO 20022?
PN02 is Account Owner Name Close Match in the ExternalVerificationReason1Code code set: Account Owner name and Payment Account number is a close match.
Where does PN02 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.