Industrywide adoption of the ISO 20022 standard is scheduled for July 14, 2025. Our team is working diligently to prepare for the scheduled changes to the global payment system. Wire services will be unavailable over the weekend. Any requests submitted between 7 pm Friday and 11:59 pm Sunday will be rejected and asked to be submitted Monday in the new format. We are committed to helping our customers understand and navigate this migration.
REVIEW RECURRING WIRE PAYMENTS: We encourage clients with recurring payments to log in to Digital Banking the morning of July 14, 2025 to review any payment series. If a message at the top of the form states there are errors, we recommend you stop the current recurring payment to create a new series with required data provided. |
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What is ISO 20022?
ISO 20022 is a standardized message format that uses XML syntax, ensuring complete and consistent data is transferred with payments. Industrywide adoption of this formatting standard will provide a common payment processing language that can cross-borders. The format is already in use by many financial institutions across the globe today.
What are the benefits of this change?
The migration to ISO 20022 provides clients, banks and regulators with a better payment experience. Standardization of format creates new efficiencies in the payment process. Dedicated fields for key details help define the purpose of payments, identify senders/recipients and improve the support of end-to-end processing.
![]() Payment uniformity
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![]() Better Data
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