RR03 Creditor name and/or address mandatory for regulatory reasons is incomplete or missing
Occurs when?
Missing creditor name (address is an optional field). Note : This code cannot be used in certain SEPA countries for data protection reasons. Alternatively, MS03 can be used.
Possible root cause
Creditor : The creditor name is a mandatory data in the transmission of collections.
What can you do?
Correct the batch and resubmit it. Contact the bank in case the problem persists.
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