SEPA
AG09
Payment not received by creditor agent
Category: SCT Inst Infrastructure R-type: Return
SCT
N/A
SCT Inst
Applies
SDD Core
N/A
SDD B2B
N/A
Retryable
Yes
Generated by
Creditor/beneficiary bank or the instant-payments infrastructure.
ISO 20022 definition
Original payment never received.
Typical cause
The creditor bank did not receive the payment within the mandatory 10-second SCT Inst execution window.
What to do about it
Retry after a brief interval — this is an infrastructure-level timing issue, not an account-level failure.
Rulebook note
SCT-Inst-specific — tied to the 10-second settlement deadline; there is no equivalent "next day" version of this failure since SCT Inst rejects and returns for timing reasons come back within seconds.
Confidence: high.
Sourced from PaymentBrief's SEPA R-transaction reference article, cross-verified against ISO 20022 external code sets and EPC guidance documents. Reason-code applicability and timing windows vary by rulebook version and bank handling — verify against your bank or PSP before acting.
Full reference
SEPA Return and Reject Codes: The R-Transaction Reference