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02/18/2025
ISO® 20022 Implementation Rescheduled to July 14
Federal Reserve Financial Services (FRFS) has decided to reschedule the Fedwire Funds Service ISO 20022 implementation from March 10 to July 14, 2025. This will provide customers and vendors who are not ready additional time to better prepare for the transition to the new ISO 20022 format.
The Fedwire Funds Service will remain on the current message format (i.e., Fedwire Application Interface Manual (FAIM) 3.0.7 format) until July 14. FRFS will announce its final “go” or “no go” decision for July 14 no later than June 27.
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Read MoreNew Publications Available
Check out two new publications to support check operations: Check Returns & Adjustments Quick Reference Guide and UCC Quick Reference Card (2024).
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