008503
Error message | Transaction refused due to blocked BIC |
---|---|
Description | The payout cannot be performed because the target bank is not authorized. |
Categories | Payout Fraud policy |
Causes
This error is triggered when attempting to make a payout to a bank that has been blocked by Mangopay’s teams.
What to do
In such cases, the user can create a different bank account, belonging to an authorized bank.
If there seems to be no reason for the bank to be blocked, platforms can contact Mangopay’s Support team to review the situation.
Example
In the example below, a payout was made to a blocked bank.
API Response
{
"ModeRequested":"STANDARD",
"ModeApplied":"STANDARD",
"FallbackReason":null,
"EndToEndId":"fa17a353a51b475e9460c30478d04814",
"Id":"6659632",
"Tag":"Custom meta",
"CreationDate":1677169822,
"AuthorId":"6659625",
"CreditedUserId":null,
"DebitedFunds":{
"Currency":"EUR",
"Amount":4900
},
"CreditedFunds":{
"Currency":"EUR",
"Amount":4900
},
"Fees":{
"Currency":"EUR",
"Amount":0
},
"Status":"FAILED",
"ResultCode":"008503",
"ResultMessage":"Transaction refused due to blocked BIC",
"ExecutionDate":null,
"Type":"PAYOUT",
"Nature":"REGULAR",
"CreditedWalletId":null,
"DebitedWalletId":"6659626",
"PaymentType":"BANK_WIRE",
"BankAccountId":"6659631",
"BankWireRef":"Ref156489"
}
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