RC01: Debtor bank BIC invalid
SEPA return code RC01 — belongs to the RC group (bic).
TL;DR
- Meaning: Debtor bank BIC invalid.
- Category: BIC.
- Common cause: the submitted bic doesn’t match the iban’s bank.
- How to fix it: leave the bic blank; we derive it from the iban automatically.
- Bank fee? Typically yes (depends on your bank contract).
When it appears
The submitted BIC doesn’t match the IBAN’s bank.
How to fix it
Leave the BIC blank; we derive it from the IBAN automatically.
XML example
This code lives inside the <RsnInf> block of the return message (pain.002 or camt.054):
<Rtr>
<RsnInf>
<Rsn>
<Cd>RC01</Cd>
</Rsn>
<AddtlInf>Return because of debtor bank bic invalid</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 RC-type returns.
Conclusion
RC01 is a bic type return. Follow the steps above to fix and re-issue.
