pacs.004

ISO 20022 message in the pacs family, interbank payment return.

Definition

pacs.004 (PaymentReturn) reverses an earlier payment (pacs.008 or pacs.009) after it has settled, unlike a pre-settlement rejection (pacs.002 RJCT). Each TxInf echoes the OrgnlGrpInf and OrgnlTxId, carries the RtrdIntrBkSttlmAmt and a coded RtrRsnInf (e.g. AC04 account closed). The original creditor becomes the returning agent.

Origin

Defined in the ISO 20022 Payments Clearing and Settlement Message Definition Report (ISO TC 68/SC 9), Registration Authority SWIFT; CBPR+ profile for cross-border returns.

Example in context

<PmtRtr><TxInf><OrgnlTxId>BIC2025-0042</OrgnlTxId><RtrdIntrBkSttlmAmt Ccy="EUR">1000.00</RtrdIntrBkSttlmAmt><RtrRsnInf><Rsn><Cd>AC04</Cd></Rsn></RtrRsnInf></TxInf></PmtRtr>

Related terms

• pacs.008 — interbank customer credit transfer that a pacs.004 may return.
• pacs.002 — pre-settlement rejection status, distinct from a post-settlement return.