9943
Receiving member suspended for credits
REJSecurity
Community Reference: This is an unofficial resource compiled from public banking documentation. Severity and behavior may vary by bank and payment provider. View sources.
The receiving bank has been suspended from receiving credit payments via FPS. This is a scheme-level restriction affecting all payments to accounts at this bank.
Common Causes
- •Receiving bank suspended
- •Regulatory action
- •Compliance issue
- •Settlement issues
What to Tell the Customer
“The recipient's bank cannot receive Faster Payments at this time. Please use an alternative payment method.”
How to Fix
- 1Check for news about the receiving bank
- 2Use an alternative payment method
- 3Contact the recipient for other account details
- 4Wait for the suspension to be lifted