Why you should adopt it now for cross-border payments

Starting in March 2023, the way the Swift community exchanges payments messages will be transformed with ISO 20022. This will unlock huge opportunities for financial institutions, such as boosting operational efficiency, enhancing customer experience, and enabling innovative new services.

A global and open standard, ISO 20022 creates a common language for payments worldwide. And its higher quality data means better payments for all. Whether you’re adopting ISO 20022 as from the start of the migration period or not, learn more about the mandatory actions you need to perform before March 2023.

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