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ISO 20022 bank transaction code

PMNT/RDDT/BBDD: SEPA B2B direct debit (debited)

A SEPA B2B direct debit collected from your business account, under a B2B mandate.

PMNT/RDDT/BBDD at a glance
DomainPMNT Payments
FamilyRDDT Received Direct Debits
Sub-familyBBDD SEPA B2B Direct Debit
DirectionDebit (money out): CdtDbtInd DBIT
MT940 type with the same meaningNDDT Direct debit item

What PMNT/RDDT/BBDD means

A bank transaction code classifies an entry in three levels, each narrower than the last. Read together, PMNT/RDDT/BBDD reads Payments › Received Direct Debits › SEPA B2B Direct Debit.

  • PMNT (Payments). Every movement of funds between parties, such as transfers, direct debits, cheques, cards and cash.
  • RDDT (Received Direct Debits). Collections a creditor made from the account owner’s account.
  • BBDD (SEPA B2B Direct Debit).

Where it sits in a camt.053

The code is in each entry’s BkTxCd/Domn block, the same way in camt.052, camt.053 and camt.054 and in every version from .001.02 to .001.13:

camt.053.001.08 · an entry
<Ntry>
  <Amt Ccy="EUR">1250.00</Amt>
  <CdtDbtInd>DBIT</CdtDbtInd>
  <Sts><Cd>BOOK</Cd></Sts>
  <BkTxCd>
    <Domn>
      <Cd>PMNT</Cd>
      <Fmly>
        <Cd>RDDT</Cd>
        <SubFmlyCd>BBDD</SubFmlyCd>
      </Fmly>
    </Domn>
  </BkTxCd>
  …
</Ntry>

Banks may add their own code in BkTxCd/Prtry, next to the ISO code or instead of it (a German bank’s three-digit business transaction code, for example). Prefer the ISO code for rules that should work across banks.

What the entry carries

Unlike the Core scheme there is no refund right once the debit is made: the debtor’s bank checks the collection against the mandate you confirmed with it before paying. The mandate reference is in TxDtls/Refs/MndtId.

In an MT940

An MT940 has no ISO code: each :61: statement line carries a three-letter transaction type after an identification letter. The one with the same meaning is NDDT (Direct debit item). It is coarser than the ISO code, so several ISO codes share it.

The MT940 Viewer converts MT940 to camt.053, and keeps the :61: type as a proprietary code (BkTxCd/Prtry, issuer SWIFT) rather than guessing an ISO code. All the types are in the MT940 transaction type codes.

Look up PMNT/RDDT/BBDD from a script or an AI agent

Scripts and AI agents get this code’s name, definition, where it sits and the address of this page from GET /api/v1/explain, keyless, or from the explain_code tool of the MCP server (API and MCP docs; add it to Claude, Cursor or VS Code).

REST · curl
curl -s 'https://iso20022-navigator.com/api/v1/explain?code=PMNT%2FRDDT%2FBBDD'