“With ISO 20022 and the introduction of Swift’s transaction manager and case manager platforms ... BNP Paribas is currently focused on ensuring a smooth transition by November 2025 for MT103, MT202 ...

Lixi Cheng, BNP Paribas Counterparty readiness emerged as a key risk in the ISO 20022 transition; one that the phased approach helped to mitigate. “The Swift approach of using ... does not anticipate ...

One way or another, all international Swift payments will follow the ISO 20022 standard by the Nov. 22 deadline, according to the financial messaging provider. "We will no longer deliver payment ...

Swift has asserted that the latest deadline for ISO 20022 CBPR+, however, will not be deferred. Institutions which do not migrate by November 2025 risk facing severe payment disruptions.

Specifically, it will enable financial institutions to capture rich data at source, by standardising the payment end-to-end with ISO 20022. Swift will also help banks offer their customers ready ...