R-transactions Definition.
The family of SEPA transactions that are sent back, each identified by an ISO reason code: reject (before settlement), return (after settlement), refund (requested by the debtor), and recall (by the originator’s bank). Their rate is the key indicator of a direct debit flow’s quality, since returned SDDs (insufficient funds, disputes) each incur a fee. R-transaction files feed collections and mandate updates.
See also
Where this term appears
GuidePayments in Hungary, Czechia, and SlovakiaGuideDirect debits and mandates around the worldGuidePayment declines and how to handle themGuideSEPA credit transfers and direct debitsGuideThe chargeback lifecycleCourseReconciliation and bank file formatsCourseSEPA: credit transfers and direct debits end to endCourseRecurring payments and subscriptions, level 2CourseRequest-to-Pay and new payment rails