MT 256 Field Specifications

7. Field 23E: Reason for Non-Payment/Dishonour

FORMAT

Option E

4!c[/30x]

(Code)(Narrative)

PRESENCE

Mandatory in mandatory sequence B

DEFINITION

This field indicates why a cheque was dishonoured.

CODES

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.

NETWORK VALIDATED RULES

Narrative may only be used in combination with the code OTHR (Error code(s): D81).

USAGE RULES

The code OTHR may only be used when bilaterally agreed. When used, Narrative must also be present.