Fed Seeks Responses to ISO 20022 Readiness Survey

The Federal Reserve Bank launched a Fedwire Funds ISO 20022 readiness survey on April 8 and institutions will be contacted through May. The survey is to gauge your readiness for the July 14 migration. If you indicated that you were “fully ready” via their January 2025 survey, then you should not receive another survey. If you receive the survey request from the frbsurveys@chi.frb.org mailbox, please have an individual responsible for your institution’s wire operation complete and return the brief survey as soon as possible. For questions about the survey, please email Fedwire.Funds.Format@ny.frb.org or contact your relationship manager.

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