# ISO 20022 pacs.004.001.09

Source: https://xmlvalid.com/schemas/iso20022-pacs.004.001.09

> A bank sends the funds of a settled payment back, with a return reason.

pacs.004 returns a payment that cannot be applied, for example because the account is closed, or after a cancellation request was accepted. Version 09 is the one in the SWIFT CBPR+ guidelines.

- Type: XSD
- Version: 001.09
- Namespace: `urn:iso:std:iso:20022:tech:xsd:pacs.004.001.09`
- Root element: `Document`
- Publisher: ISO 20022 Registration Authority (ISO 20022 terms of use), source: https://www.iso20022.org/iso-20022-message-definitions
- Validate against it: https://xmlvalid.com/validate?schema=iso20022-pacs.004.001.09

## Notes

- CBPR+ and market infrastructures narrow this message; only the base ISO 20022 schema is applied here.
- The example is by xmlvalid.com, with illustrative BICs.