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tsrv: Trade Services

tsrv.016 Demand Refusal Notification

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tsrv.016 is the ISO 20022 DemandRefusalNotification message in the Trade Services business area (tsrv). The latest version is tsrv.016.001.01.

Message
DemandRefusalNotification
Latest version
tsrv.016.001.01
Submitting organisation
Not read from the catalogue
MT equivalent
None listed

In use: published in the current ISO 20022 catalogue.

What tsrv.016 is for

The DemandRefusalNotification message is sent to the beneficiary or presenter by the party obligated on the undertaking and to whom a demand for payment has been made, either directly or via one or more advising parties. It notifies the beneficiary or presenter that the demand has been refused.

Definition from the ISO 20022 e-Repository, release of 24 April 2025.

tsrv.016 versions

Every version published in the e-Repository, newest first. A message keeps its business purpose across versions; each new version is a separate schema with its own namespace.

VersionRegistration statusPublished in
tsrv.016.001.01latestRegisteredLatest version set

tsrv.016 message structure

The building blocks of tsrv.016.001.01 to three levels, with multiplicity ([0..1] optional, [1..1] mandatory, * any number) and the data type or component. Element names and definitions are from the ISO 20022 repository; usage guidelines such as CBPR+ or a market infrastructure's rules can restrict them further.

  • Document [1..1]
    • DmndRfslNtfctn DemandRefusalNotification [1..1]
      • DmndRfslNtfctnDtls Demand Refusal Notification Details [0..*]DemandRefusal1

        Details of the demand refusal notification.

        • UdrtkgId Undertaking Identification [1..1]Undertaking9

          Details related to the identification of the undertaking.

          • Id Identification [1..1]Max35Text
          • Issr Issuer [1..1]PartyIdentification43
          • ApplcntRefNb Applicant Reference Number [0..1]Max35Text
        • AdvsgPtyRefNb Advising Party Reference Number [0..1]Max35Text

          Unique and unambiguous identifier assigned by the advising party to the undertaking.

        • ScndAdvsgPtyRefNb Second Advising Party Reference Number [0..1]Max35Text

          Unique and unambiguous identifier assigned by the second advising party to the undertaking.

        • CnfrmrRefNb Confirmer Reference Number [0..1]Max35Text

          Unique and unambiguous identifier assigned by the confirmer to the undertaking.

        • DmndDtls Demand Details [1..1]Demand2

          Details related to the demand.

          • Id Identification [1..1]Max35Text
          • SubmissnDtTm Submission Date Time [1..1]ISODateTime
          • Amt Amount [1..1]ActiveCurrencyAndAmount
          • AddtlInf Additional Information [0..5]Max2000Text
        • Sts Status [1..1]Refused7Text

          Expicit indication of 'REFUSED' as the processing status reported by the issuer.

        • Dscrpncy Discrepancy [0..*]Discrepancy1

          Details related to the discrepancies.

          • Id Identification [1..1]Max35Text
          • Nrrtv Narrative [1..1]Max20000Text
        • DspstnOfDocs Disposition Of Documents [0..5]Max2000Text

          Indication of how the demand presentation documents will be handled as a consequence of the demand refusal.

        • AddtlInf Additional Information [0..5]Max2000Text

          Additional information related to the notification.

      • DgtlSgntr Digital Signature [0..1]PartyAndSignature2

        Digital signature of the notification.

        • Pty Party [1..1]PartyIdentification43

          Entity involved in an activity.

          • Nm Name [0..1]Max140Text
          • PstlAdr Postal Address [0..1]PostalAddress6
          • Id Identification [0..1]Party11Choice (choice)
          • CtryOfRes Country Of Residence [0..1]CountryCode
          • CtctDtls Contact Details [0..1]ContactDetails2
        • Sgntr Signature [1..1]ProprietaryData3

          Signature of a party.

          • Any Any [1..1]SkipProcessing

Have a tsrv.016 message? Paste it into the parser to see every element with its name and definition, and format checks on BICs, IBANs, dates and amounts.

External code sets used in tsrv.016

These elements take their values from ISO 20022 external code sets, which are published separately and updated every quarter without a new message version.

tsrv.016 questions

What is the latest version of tsrv.016?
The latest version in the ISO 20022 e-Repository release of 24 April 2025 is tsrv.016.001.01.
What is the root element of tsrv.016?
The XML document is Document with the namespace urn:iso:std:iso:20022:tech:xsd:tsrv.016.001.01, and its message element is DmndRfslNtfctn (DemandRefusalNotification).
Is there an MT equivalent of tsrv.016?
No Swift MT message is listed as its direct equivalent on this site. Many ISO 20022 messages have no MT counterpart.

All ISO 20022 messages · ISO 20022 code sets · MT messages

The ISO 20022 message definitions, element 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.