Confirmed: Implementation of ISO® 20022 message format on July 14 for the Fedwire® Funds Service
June 18, 2025
For the past several years, Federal Reserve Financial Services (FRFS) has worked with the industry to prepare for the upcoming ISO 20022 implementation for the Fedwire Funds Service on July 14, 2025.
Today we are confirming that FRFS will move forward with implementing the new ISO 20022 message format on July 14 as planned.
The Fedwire Funds Service's ISO 20022 software and production infrastructure will remain unchanged. We recommend that customers and vendors continue to test and verify their internal procedures through July 11.
Please reach out to Fedwire.Funds.Format@ny.frb.org, your relationship manager or the Support Center with any questions.
We appreciate the work, time and resources you have put into preparing for the new ISO 20022 standard.