Federal Reserve Financial Services will transition the
Fedwire® Funds Service to the ISO® 20022 format on July 14, 2025.ÊWith this deadline fast
approaching, it’s essential to take steps to ensure your institution is fully
prepared. This session reminds attendees the importance of testing (e.g.,
exchange ISO 20022 message with their peers and simulate real-world scenarios to
ensure seamless processing of payments). Additionally, we emphasize the
importance of developing strong preparedness and contingency plans to safeguard
against potential disruptions.
Learning Objectives:
• - Understand the latest updates on the
implementation of the new ISO 20022 format.
• - Recognize the importance of conducting thorough
testing prior to the ISO 20022 implementation.
• - Develop effective preparedness and contingency
plans to ensure a smooth transition and minimize disruptions.
• - Engage in a Q&A session to address specific
concerns and gain insights from experts.
Join ePayResources and Leslie Lee, Payment Product Strategy
Specialist at the Federal Reserve Bank of New York, to discuss industry
readiness and customer testing for the upcoming migration to the ISO 20022
standard for wires processed with the Federal Reserve Banks.
This course is available exclusively to m