MyStandards Readiness Portal Testing
This is the first phase of ISO 20022 testing that allows Fedwire Senders to perform “self-service” testing of Fedwire Funds Service ISO 20022 messages to confirm no schema/technical errors. Once testing is complete, please submit an attestation to Fedwire.Funds.Format@ny.frb.org.
Note: Please contact us if you need help determining if your organization is in scope for this testing.
Primary access to Fedwire Funds Service | Testing Group | Mandatory vs Optional |
---|---|---|
FedLine Direct | Customers that have their own connection and use a customized version of vendor’s payment application Note: Those that use a vendor's off-the-shelf payment application without any customization do not need to complete testing. |
Mandatory |
FedLine Direct | Service providers that have their own connection | Mandatory |
FedLine Direct | Software vendors that provide payment application to FedLine Direct customers Note: Those that do not own a connection will be mandated to test with a customer. |
Mandatory |
FedLine Direct | Customers that use a service provider and do not have their own connection Note: Your service provider will complete this testing. |
Not applicable |
FedLine Advantage (FedPayments Manager — Funds application) | Customers that import/upload 100 or more originations on average per day Note: It is the customer’s responsibility to test with their in-house software or vendor software for the import/export feature |
Mandatory |
FedLine Advantage (FedPayments Manager — Funds application) | Customers that import/upload less than 100 originations on average per day | Optional but recommended |
FedLine Advantage (FedPayments Manager — Funds application) | Customers that use the import/export feature as a contingency backup to their primary FedLine Direct connection | Optional but recommended |
FedLine Advantage (FedPayments Manager — Funds application) | Software vendors who provide software for import/export feature | Optional but recommended |
FedLine Advantage (FedPayments Manager — Funds application) | Customers that manually enter their originations | Not applicable |