pain.002 Reason Code Reference

The account number is invalid or does not exist at the specified bank.

The account has been closed and can no longer receive payments.

The account is blocked and cannot receive funds.

The transaction type is not permitted for this account or bank.

The operation or transaction code in the file is not valid.

The instructed amount is zero, which is not permitted.

The amount exceeds the permitted limit for this account or transaction type.

The debtor's account does not have sufficient funds to cover the payment.

This instruction is a duplicate of one already processed.

Party identification details are inconsistent with the account information.

Creditor address is required for this payment type but is missing.

Return or cancellation was requested by the originating customer.

Bank has identified this as a potential duplicate of a prior payment.

Payment has been flagged as having a potentially fraudulent origin.

No valid direct debit mandate exists for this collection.

Mandatory mandate information is missing or incorrect in the file.

The bank rejected the payment but provided no specific reason code.

The processing agent rejected without specifying a reason.

The bank provided a free-text explanation instead of a coded reason.

The bank identifier code (BIC) is syntactically incorrect.

Debtor account or identification is missing from the instruction.

Debtor name or address is missing but required.

Creditor name or address is missing but required.

Rejected due to regulatory compliance requirements.

The payment is not owed or was received in error.