R-message MD08: Wrong creditor data

MD08: Wrong creditor data

SEPA return code MD08 — belongs to the MD group (mandato).

TL;DR

Meaning: Wrong creditor data.
Category: Mandato.
Common cause: your cid or legal name don’t match the bank contract.
How to fix it: reconcile with your bank. any change (vat, legal name, cid) means updating contracts and mandates.
Bank fee? Typically yes (depends on your bank contract).

When it appears

Your CID or legal name don’t match the bank contract.

How to fix it

Reconcile with your bank. Any change (VAT, legal name, CID) means updating contracts and mandates.

XML example

This code lives inside the <RsnInf> block of the return message (pain.002 or camt.054):

<Rtr>
  <RsnInf>
    <Rsn>
      <Cd>MD08</Cd>
    </Rsn>
    <AddtlInf>Return because of wrong creditor data</AddtlInf>
  </RsnInf>
</Rtr>

Prevention

Before sending the batch to your bank, validate it with our SEPA XML Validator. Catch the errors your ERP misses and reduce MD-type returns.

Conclusion

MD08 is a mandato type return. Follow the steps above to fix and re-issue.

Frequently Asked Questions

Does `MD08` carry a bank fee?

Almost always. Your bank charges a return fee per your contract.

Can I retry the collection?

It depends on the cause. Fix the reason above before retrying.

How do I prevent it?

Validate the batch before sending it and keep IBAN, mandates and CID up to date. Our [SEPA XML Validator](/sepa-direct-debit-xml-validator) catches most of these errors pre-submission.