Ensure you are prepared for the fast-approaching ISO 20022 migration for the Fedwire Funds Service on March 10, 2025. Assess your readiness and remain focused on your ISO 20022 testing milestone. During this session we’ll also address any questions you have about the migration project.
Speaker(s): Leslie Lee, Payment Product Strategy Specialist - Federal Reserve Bank of New York
Note: Financial institutions should be aware the Federal Reserve Financial Services (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, FRFS will sunset the existing proprietary Fedwire Application Interface Manual (FAIM) format and replace all FAIM messages with ISO 20022 messages. Customers should ensure that they are prepared by attending the this webinar, visiting the Fedwire Funds Service ISO 20022 Implementation Center, & reviewing commonly asked questions.