SEPA / ISO 20022 reject code
AB05
Time limit exceeded
Error
SCT Inst (negatives)
CFONB 61
Meaning
The beneficiary's bank did not respond within the maximum time allowed for an instant credit transfer. The transaction is cancelled.
The transaction could not be processed within the time limit applying to SCT Inst. Applies to rejects (SCT Inst).
Common causes
Resolution
Other reasons in the same family