pain002

pain002 is a message type in the ISO 20022 pain (payments) messages family. It is specifically used as a Payment Status Report, providing status information about a payment instruction that was previously sent in a pain message (for example pain.001). The message is designed for communication between financial institutions, corporates, and other payment participants to track the progression and outcome of a payment.

The primary purpose of pain002 is to relay the current status of an original payment instruction. A pain002 message typically references the original communication through identifiers such as the original message ID and the original end-to-end or transaction identifiers. It includes a status indication, status date and time, and may carry a status reason code and free text for additional information. Depending on the version, it can also include related information about related groups or payments, and sometimes settlement or processing details that help the recipient reconcile accounts.

Pain002 is commonly used in environments that implement ISO 20022 for payments, including SEPA and other cross-border or bank-to-bank payment ecosystems. It serves as a standardized channel for notifying recipients about whether a payment was accepted, rejected, delayed, completed, or require further action. The exact structure and code lists (such as status and reason codes) are defined by the specific pain.002 version being used and are intended to be interoperable across systems that support ISO 20022.

See also: ISO 20022, pain messages, SEPA, payment status reporting.