ISO 20022 reason code · pacs.002 · pacs.004
AM02Amount not allowed
What does reason code AM02 mean?
Amount not allowed. Specific transaction/message amount is greater than allowed maximum
Code
AM02
Group
Amount & duplicates
Used in
pacs.002 (reject or status report), pacs.004 (return of funds)
What to do when you receive AM02
- The amount is above a limit: a scheme or system maximum, a bank's channel limit, or a limit the payer set.
- Split the payment only if the limit is yours or the scheme's, not the payer's own.
In SEPA
Under the EU Instant Payments Regulation, payers can set their own maximum amount for instant credit transfers, so AM02 can come from a customer setting.
Definition by message
| Message | ISO 20022 definition |
|---|---|
| pacs.002 | Specific transaction/message amount is greater than allowed maximumTxInfAndSts/StsRsnInf/Rsn/Cd |
| pacs.004 | Specific transaction/message amount is greater than allowed maximumTxInf/RtrRsnInf/Rsn/Cd |
Decode any value
Search every reject, return and recall reason code, or filter by message and group.
Open the ISO 20022 Reason CodesRelated codes
Something wrong or missing? Report a problem — we check reports against the specs.