ISO 20022 reason code · pacs.002 · pacs.004
SL01Specific service offered by the debtor agent
What does reason code SL01 mean?
Specific service offered by the debtor agent. Due to specific service offered by the Debtor Agent.
Code
SL01
Group
Direct debit & mandate
Used in
pacs.002 (reject or status report), pacs.004 (return of funds)
What to do when you receive SL01
- SDD: the debtor's bank stopped the collection because of a service the debtor set up, such as a block, an amount limit or a creditor list.
In SEPA
EU law (Regulation 260/2012) lets debtors limit collections by amount or frequency, block all direct debits, or allow only listed creditors.
Definition by message
| Message | ISO 20022 definition |
|---|---|
| pacs.002 | Due to specific service offered by the Debtor Agent.TxInfAndSts/StsRsnInf/Rsn/Cd |
| pacs.004 | Due to specific service offered by the Debtor AgentTxInf/RtrRsnInf/Rsn/Cd |
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