ISO 20022 is an open global standard for financial information. It provides consistent, rich and structured data that can be used for every kind of financial business transaction.
Don’t get left behind, the coexistence period for payment instructions is scheduled to end on 22 November 2025.
Financial Institutions
Start preparing for ISO 20022 adoption today to ensure your organisation stays ahead.
Other markets
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We are commited to supporting all institutions in their ISO 20022 adoption journey
FAQs
Everything you need to know about ISO 20022 can be found here.
Why ISO 20022?
Richer, better structured and more granular data
ISO 20022 enables richer, better structured and more granular data end-to-end to be carried in payments messages.
Quality data means quality payments
More transparency and more remittance information for your customers which in turn means better customer service. And a better customer experience.
Improved analytics, less manual intervention
Further operational benefits include improved analytics, less manual intervention, more accurate compliance processes, higher resilience and improved fraud prevention measures.
Supporting end-to-end automation
A single standard that covers all business domains and end-to-end business processes, ISO 20022 facilitates the creation of new services and enhanced straight-through processing.
Using modern technology
ISO 20022 uses modern, mainstream XML technology which is well supported and which facilitates efficient integration.
Worldwide adoption
Almost 200 market infrastructure driven initiatives are either already implementing ISO 20022 or are considering adopting the standard for payments and securities transformation projects.
What the community is saying
ABN Amro - Why is adopting ISO 20022 so important for the payments industry?
Wells Fargo - How did you approach the ISO 20022 for payments adoption?
EMR Consulting - What are the benefits of the new Hybrid Postal Address?
[Ebook] Supercharge your payments business with ISO 20022
Leading financial institutions share insights on the concrete benefits opened up by ISO 20022’s rich, structured data capabilities.
Swift at Sibos
Realising ISO 20022’s potential
Gain the knowledge and data-driven insights you need to take your ISO 20022 adoption, and your business, to the next level.
Latest news on ISO 20022
ISO 20022 in bytes for payments: Maintaining the momentum in 2025
Adopting the new global standard for payments is more important than ever. As the financial industry...
How a clear strategy helped Bank of Cyprus adopt ISO 20022
The future of payments is evolving. We spoke to the Bank of Cyprus to learn more...
How DBS Bank is using ISO 20022 to drive efficiency and innovation
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How ISO 20022 is helping Diamond Trust Bank achieve operational excellence
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