Optional "penny value" and volume testing instructions

The production environment will be available on Saturday, February 8, 2025, from 8 a.m. to noon (ET) for optional testing that you may want to perform with other organizations to send and receive low-dollar value ISO 20022 test messages. If you are interested in participating, please follow the instructions below to receive the penny value testing participant list. We will only share the list if you have opted in to participate in the penny value testing. Once you have the list, you can coordinate testing directly with each other (e.g., types of messages to test, number of messages to test).

Some customers have expressed interest in volume testing in the ISO 20022 message format. This can also be performed on the morning of February 8, 2025, but we advise that you limit the number to 400 outgoing messages.

Please note: We will follow the schedule that is outlined in the Testing Overview section on page 3 of the Saturday Production Test Script.

Optional penny value and volume testing information

  1. Submit the Production Application Test Request Form to inform our Wholesale Testing Services that your organization is planning to participate by December 15, 2024.
    • Indicate "penny value testing" in the Additional Comments section of the Production Application Test Request Form.
  2. Send an email to Fedwire.Funds.Format@ny.frb.org and indicate "penny value testing" in the subject line.
  3. Provide the following in the body of the email (you can copy/paste the table below):
    • Authorized contact (i.e., End User Authorization Contact or individual on the Official Authorization List), who approves that the organization will opt in to penny value testing; authorized contact should submit the request).
    • Primary contact for penny value testing (individual that will receive requests from other testing participants to coordinate testing).
    • Backup content for penny value testing (backup individual that will receive requests from other testing participants to coordinate testing).
    • Organization name.
    • Organization's routing number or Electronic Transaction Identifier.
Authorized contact information
(full name, title and email address) 
 
Primary contact information
(full name, title and email address)
 
Backup contact information
(full name and email address)
 
Organization name  
Organization's routing number or
Electronic Transaction Identifier
 
Volume testing (Yes/No)  

Testing support and questions

For support during the testing day, please contact our Wholesale Testing Services.

We intend to provide a drop-in session ahead of each ISO 20022 testing day in Q1 2025.

For questions, please contact us or connect with your relationship manager.

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