At its March and June 2024 meetings, the Swift Board re-confirmed the community’s commitment to ending the coexistence period in November 2025, emphasising that priority should be given to ISO 20022 payment instruction messages to ensure operational continuity and interoperability. Swift and the Board urge members to reinforce their efforts to switch cross-border payment instructions (at minimum) to ISO 20022 in the coming months.

Swift has launched new waves of webinars, to share the latest developments around the CBPR+ adoption and support the community in their efforts. In this session we will look at:

• Describing the ISO 20022 payment instructions messages.
• How to use and populate the ISO 20022 payment instruction messages.
• Share best practices and observations from the 1st year of coexistence.

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ISO 20022 adoption: 18 months until the end of CBPR+ coexistence: what are the next steps? – June 2024

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