Swift accepts request to extend structured address migration for ISO 20022 messages
Swift is extending the November deadline for moving from unstructured to structured postal addresses for ISO 20022 payment messages after a host of banks asked for more time to comply.
Swift is extending the November deadline for moving from unstructured to structured postal addresses for ISO 20022 payment messages after a host of banks asked for more time to comply.
BELLINGS Intelligence Score: 22
Why it matters
The extension of the ISO 20022 structured address migration deadline by Swift is a notable operational adjustment affecting many banks and payment systems, but it is routine market infrastructure activity without immediate systemic or regulatory impact.
Sources
Finextra
Swift accepts request to extend structured address migration for ISO 20022 messages
Swift is extending the November deadline for moving from unstructured to structured postal addresses for ISO 20022 payment messages after a host of banks asked for more time to comply.