• CB-stage-iso20022

    ISO 20022 MIGRATION

    Get ready for the industry´s largest transformation

ISO 20022 migration first-hand

The ISO 20022 migration deadline for banks in November 2025 and the deadline of unstructured postal address impacting corporate clients in November 2026 is approaching quickly. To help you navigate the transition period, we welcome you to our ISO 20022 knowledge repository, which offers educational materials, guidelines and first-hand insights on the ISO 20022 migration for high-value, international, urgent domestic and direct debit payments.

Whether your interest is in the ISO 20022 standard itself, or the implications for financial institutions or corporates – get started here to learn and stay up to date on the different formats, implications and integration requirements of new, XML-based payment instruction formats.

Implications for institutional clients Implications for institutional clients

Implications for corporate clients Implications for corporate clients



ISO 20022 information for institutional clients

We are pleased to welcome you to our knowledge repository, which offers educational material and first-hand insights on ISO 20022 migration in high-value payments

Stay up-to-date with exclusive content for institutional clients:

  • Tutorials: watch our bite-sized videos that explain complex concepts in a simple way
  • Blogs: catch experts' insights on the impact ISO 20022 is having on their particular area of expertise
  • FAQs: learn more from our section on frequently asked questions about ISO 20022
  • Media: explore the latest news releases, insights and webinars on ISO 20022 in our media gallery


We look forward to sharing the ISO 20022 journey with you!

tutorials-teaser

Tutorials Tutorials

blogs-teaser

Blogs Blogs

faqs-teaser

FAQs FAQs

media-teaser

Media Media

flow briefing

Stopwatch on dark blue background

How to foster ISO 20022 harmonisation

10 February 2025

As efforts to enhance cross-border payments processing continue to ramp up, one of the important next steps in the journey is the implementation of the Committee on Payments and Market Infrastructures’ (CPMI) harmonised minimum data requirements for ISO 20022 messages.

This flow briefing, written by Karyna Hutarovich, Business Product Specialist at Deutsche Bank, sets out the key findings and main takeaways in the CPMI report for market infrastructure participants


Read flow briefing

Stopwatch on dark blue background

What corporates need to know about ISO 20022

29 January 2025

To date, the ISO 20022 topic has centred around interbank messages.

However, this is set to change: from November 2026, corporates will have to adopt XML-based payment messages in the ISO 20022 format. This flow briefing discusses the requirement of sending hybrid or fully structured address data and how corporates should prepare

Read flow briefing

Stopwatch on dark blue background

The new SEPA Rulebook and what it means for you

29 January 2024

The new SEPA Rulebook by the European Payment Council comes into effect in March 2024, bringing with it a new era of ISO 20022 messages.

On 17 March 2024, a new version of the SEPA Rulebook published by the European Payment Council (EPC) will go into effect, allowing for future services and introducing a couple of changes. Some of the changes may have an impact on your SEPA transaction processing, even if you do not plan to actively use any of the new options.

This flow briefing outlines the changes the new rulebook introduces and how it impacts clients.

Read flow briefing

1/6
  • 1/6

Explainer videos

DB ISO 20022 Tutorials: #18 Mapping Guidance

DB ISO 20022 Tutorials:
#18 Mapping Guidance

This video will give you a brief introduction to the newly developed CBPR+ derived data mapping guidance. Check out additional resources on the CBPR+ MyStandards page to further explore the topic.

DB ISO 20022 Tutorials: #17 Statements

DB ISO 20022 Tutorials:
#17 Statements (camt.053)

Learn key points about statements in ISO 20022 (camt.053).

DB ISO 20022 Tutorials: #16 Instruction For Creditor/Next Agent

DB ISO 20022 Tutorials:
#16 Instruction For Creditor/Next Agent

This video will give you a short introduction to the ISO 20022 elements Instruction For Creditor Agent and Instruction For Next Agent, and their MT equivalents.

ISO20022 Tutorials Watch all



Recent blog posts

Exploring the first results from Transaction Manager testing
  • Blog

Exploring the first results from Transaction Manager testing

As the journey to ISO 20022 messaging progresses, the industry remains firmly focused on the testing associated with the forthcoming cross-border payments and reporting (CBPR+) migration in the correspondent banking space. However, the industry should also be aware of what is just around the corner. Starting in May 2023, the Swift Transaction Manager is set to become “business as usual” – and so it is important that the specific Transaction Manager testing does not get missed off the agenda.
ISO20022 Blogs Read all



FAQs

Show content of What is ISO 20022 migration?

ISO 20022 migration in high-value payments is a global initiative, which aims to achieve harmonized standards for the exchange of high-value payment messages. ISO 20022 is a messaging standard that creates a common language for payment data across the globe, enabling faster processing and improved reconciliation.

In correspondent banking (many-to-many space), ISO 20022 adoption on the Swift network started in Mar 2023. Among Market Infrastructures (one-to-many space), ISO 20022 is being introduced as part of their modernization programs, e.g. T2-T2S Consolidation project in Europe.

Show content of Is ISO 20022 migration mandatory?

No. ISO 20022 migration is not mandatory from a regulatory perspective. However, given the complexity of the change, those that do not act risk being excluded from international payment systems/excluded from central bank money (applicable to those connected to RTGS).

As a result, this migration should also be used as an opportunity for a future-proofed standardization strategy and, for some, a reassessment of market positioning and business models.

Show content of Why is ISO 20022 being introduced?

The transition to ISO 20022 brings a host of benefits. In particular, due to its rich structure, ISO 20022 facilitates improved transparency and an increase in operational efficiency in terms of “straight-through-processing” (STP) as well as message filtering. Moreover, it represents a future-proofed payment standard that can be easily incorporated into existing back-office systems, but also serve as a “principal standard” across established and new (eco)-systems.

In summary, ISO 20022 can:

  • Provide greater interoperability between settlement networks
  • Enable the transmission of richer payments data
  • Facilitate higher levels of straight-through-processing
  • Enable more efficient compliance processes.

Show content of What does ISO 20022 look like in comparison to SWIFT MT? What is changing?

ISO 20022 offers a far richer structure than MT and includes additional/new data elements, which makes it difficult to compare both standards line by line. In particular, ISO 20022 messages introduce a new message set-up, new elements, optionality, granularity, extended character set & character limitations, and new identification options.

To make yourself familiar with ISO 20022 Usage Guidelines, please access the MyStandards platform (SWIFT account required).

ISO20022 FAQs View all



Latest press

1 / 3
Media See all