Option E | 4!c[/30x] | (Code)(Narrative) |
Mandatory in mandatory sequence B
This field indicates why a cheque was dishonoured.
Code must contain one of the following codes (Error code(s): T47):
AMAM | Amount exceeds limit | Amount exceeds the amount limit allowed for this account. |
AMTL | Amount exceeds limit | Amount exceeds the truncation limit as defined in the bilateral agreement (min. or max. amount). |
CLOS | Closed account | The account specified is closed. |
COLN | Code line | Error in code line. |
DRAW | Drawer | Refer to drawer. |
DUPL | Duplicate | Duplicate cheque information. |
FRAU | Fraudulent cheque | Fraudulent cheque. |
FROZ | Frozen account | (Legally) Frozen account. |
FRWD | Forward | Forward dated cheque. |
INCH | Invalid cheque number | The cheque number is invalid. |
INSF | Insufficient funds | Insufficient funds. |
INSI | Insufficient information | Insufficient information. |
INVA | Invalid | Account number is invalid. |
NELI | Not Eligible | Cheques not eligible for truncation. |
NMAT | Non-Match | Currency and account do not match. |
OTHR | Other | Other followed by a bilaterally agreed code to specify a reason which is not covered by the above. |
REVO | Revocation | Revocation. |
STLD | Stale | Stale cheque, that is, deposited too late relative to the issue date. |
STOP | Stop payment | Stop payment of a cheque. |
Narrative may only be used in combination with the code OTHR (Error code(s): D81).
The code OTHR may only be used when bilaterally agreed. When used, Narrative must also be present.
:23E:INSI