SEPA / ISO 20022 reject code
AB08
Service unavailable
Error
SCT Inst (negatives)
CFONB 22
Meaning
The beneficiary's bank could not be reached at the time of the transaction, so the transaction could not be passed on to it. This is not a timeout.
The beneficiary's bank is unavailable to provide the service (offline). Applies to rejects (SCT Inst).
Common causes
Resolution
Other reasons in the same family