ISO 20022 Factsheets

An overview of ISO 20022 basics and timelines as well as information about BNY Mellon’s plan to support its clients

  • A New Language: Understand why the introduction of ISO 20022 brings significant changes to the language/terminology used by payment industry professionals. 
  • Timeline and Coexistence Challenges: Learn how major market infrastructures such as SWIFT, the Eurosystem, EBA, The Clearing House, the Federal Reserve and the Bank of England have communicated plans to migrate to ISO 20022 between 2023 and 2024. 
  • Recent Developments Overview: Review the latest changes to the ISO 20022 migration including timelines, benefits and resources for additional information.