Operating Rules for Cross Currency Payments using AFAQ Service

GPC Market Rehearsal Kick-Off Presentation - KSA & BAH 30.N0V-2020 Appendix 2 - Return and Rejection Codes This table contains the list of Return and Rejection codes that can be used in status messages. The codes can be interpreted as having the meanings shown for each code. Return reason codes based on payments Rejected by the RPG or Central Component Code Explanation RJ00 System error. Contact support. RJ01 Incorrect FX Rate RJ02 Incorrect Receiving Currency amount RJ03 Invalid Value Date RJ04 Currency code wrong for Receiving country RJ05 A non working day in the Receiving Country RJ06 A non working day in the Sending Country RJ07 Invalid business day period RJ08 Invalid Receiving Direct Participant RJ09 Participant is not active RJ10 Non delivery to Receiving Domestic RTGS RJ11 FX rate is not authorized RJ12 BIC is invalid RJ13 Returned at cut-off time as not delivered RJ14 Approved FX rate not found RJ15 FX rate is absent RJ16 Payments are not allowed RJ17 No active business day found RJ18 Invalid account RJ19 Lack of funds RJ20 No direct credit found RJ21 Return period expired RJ22 Incorrect return amount RJ23 Return payment duplication RJ24 Payment was cancelled RJ25 Payment was rejected RJ90 Access rights check failed Payments Returned Will be registered in AFAQ CC dictionary (which may be updated from time to time). System will validate during return processing. Code Explanation AC01 Format of the account number specified is not correct AC03 Wrong IBAN in SCT AC04 Account number specified has been closed on the bank of account's books AC06 Account specified is blocked prohibiting posting of transactions against it. AC13 Debtor account type is missing or invalid AC14 An agent in the payment chain is invalid AC15 Account details have changed AC16 Account is in sequestration AC17 Account is in liquidation ADRM Beneficiary account is dormant AG01 Transaction forbidden on this type of account (formerly No Agreement) AG02 Bank Operation code specified in the message is not valid for receiver AM01 Specified message amount is equal to zero AM02 Specific transaction/message amount is greater than allowed maximum AM03 Specified message amount is a non processable currency outside of existing agreement AM04 Amount of funds available to cover specified message amount is insufficient. AM05 Duplication AM06 Specified transaction amount is less than agreed minimum. AM07 Amount of funds available to cover specified message amount is insufficient. AM09 Amount received is not the amount agreed or expected AM10 Sum of instructed amounts does not equal the control sum. ARDT Already returned original SCT BACL Beneficiary account closed BALC Beneficiary account blocked BADE Beneficiary account does not exist BADC Beneficiary account is in a different currency BDIN Beneficiary Name does not match Beneficiary account number BE01 Identification of end customer is not consistent with associated account number (formerly Creditor Consistency). BE04 Specification of creditor's address, which is required for payment, is missing/not correct (formerly Incorrect Creditor Address). BE05 Party who initiated the message is not recognized by the end customer BE06 End customer specified is not known at associated Sort/National Bank Code or does no longer exist in the books BE07 Specification of debtor's address, which is required for payment, is missing/not correct. BE08 Returned as a result of a bank error. CN01 Authorization is cancelled. CURR Currency of the payment is incorrect CUST Cancellation requested by the Debtor DS28 Return following technical problems resulting in erroneous transaction. DT01 Invalid date (eg, wrong settlement date) ED01 Correspondent bank not possible. ED03 Balance of payments complementary info is requested ED05 Settlement of the transaction has failed. ERIN The Extended Remittance Information (ERI) option is not supported. FF05 Local Instrument code is missing or invalid FOCR Return following a cancellation request FR01 Retu