Fedwire® Funds Service Announces Adoption Date For New ISO® 20022 Message Format

LexisNexis (July 18, 2022, 2:15 PM EDT) -- The Federal Reserve Banks will adopt the ISO® 20022 message format for the Fedwire® Funds Service on a single day, March 10, 2025. ISO® 20022 is the new industry standard for global payment and messaging systems....