ISO 20022 reason code · pacs.002 · pacs.004 · camt.056
MD06Refund request by end customer
What does reason code MD06 mean?
Refund request by end customer. Return of funds requested by end customer
Code
MD06
Group
Direct debit & mandate
Used in
pacs.002 (reject or status report), pacs.004 (return of funds), camt.056 (recall (cancellation request))
What to do when you receive MD06
- SDD Core: the debtor used the no-questions refund right, available for 8 weeks after the debit.
- The mandate is still valid; the refund does not mean the mandate was cancelled.
In SEPA
Not available in SDD B2B, which has no refund right for authorised collections.
Definition by message
| Message | ISO 20022 definition |
|---|---|
| pacs.002 | Return of funds requested by end customerTxInfAndSts/StsRsnInf/Rsn/Cd |
| pacs.004 | Return of funds requested by end customerTxInf/RtrRsnInf/Rsn/Cd |
| camt.056 | Return of funds requested by end customer.Undrlyg/TxInf/CxlRsnInf/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.