Fedwire® Funds Service ISO® 20022 Implementation Center
FRFS will adopt the ISO 20022 message format for the Fedwire Funds Service in a single-day implementation strategy on March 10, 2025. With this implementation, we will sunset the existing proprietary Fedwire Application Interface Manual (FAIM) format and replace all FAIM messages with ISO 20022 messages.
Fedwire ISO 20022 Preparedness Checklists
Click the customer profile that applies to you to view curated checklists of action items for the ISO 20022 migration.
I am...
...a FedLine Direct customer or service provider with my own connection (PDF).
...a FedLine Direct customer using a service provider (PDF).
...a FedLine Advantage import/export user (primary/backup) of FedPayments Manager – Funds (PDF).
...a FedLine Advantage manual entry and template user of FedPayments Manager – Funds (PDF).
Educational Opportunities
Take advantage of the educational opportunities we offer as you prepare for the ISO 20022 implementation.
LIVE/On-demand Webinars and Recordings
Select the topics that apply to your organization and view them at your convenience.
Fedwire Funds Service Community LIVE Education Events
Join us and have your questions addressed related to the Fedwire Funds Service ISO 20022 migration.
FedPayments® Manager – Funds Webinar
View our FedPayments Manager – Funds webinar about Import/Export requirements.
On the Wire — ISO 20022 Newsletter
Read the On the Wire newsletter, which provides everything you need to know about the multiyear Fedwire® Funds Service ISO 20022 migration project.
Testing Requirements and Key Milestones
Get ready for the single-day implementation with three ISO 20022 testing environments that will be available to the Fedwire Funds Service community.
Other Resources
- Fedwire Funds Service ISO 20022 high-level implementation timeline (PDF)
- Fedwire Funds Service ISO 20022 high-level implementation timeline for FedLine Advantage Manual Entry users (PDF)
- Preparing your wire ecosystem for ISO 20022 (PDF)
- Industry Readiness Testing Dashboard as of Aug. 31, 2024 (PDF)
Format Documents
Read about the final ISO 20022 message format specifications on the Fedwire Funds Service page on SWIFT’s MyStandards platform (Off-site). The use of MyStandards is free and does not require SWIFT membership but users will need a valid swift.com login ID and password to access the MyStandards platform.
- Instructions to gain access to the Fedwire Funds Service page on MyStandards (PDF)
Vendors
View the list of vendors. To prepare for the migration, FRFS is working directly with software vendors that provide products designed to interface with the Fedwire Funds Service. The list is provided as a convenience for Fedwire Funds Service participants only. FRFS does NOT endorse any particular vendor or vendor product.
Frequently Asked Questions
Find answers to questions you may have about the ISO 20022 implementation on our Frequently Asked Questions page.
Adoption of ISO 20022 Background (Off-site)
Learn more about how we reached the plan to adopt ISO 20022 messages for the Fedwire Funds Service.
