JulioSalvaje
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Do you see the green light?
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#JulioSalvaje
Yes, the statement is correct. The Federal Reserve Financial Services (FRFS) has confirmed that the Fedwire Funds Service will adopt the ISO 20022 messaging format on July 14, 2025, as part of a same-day implementation strategy. This comes after a rescheduling of the original date of March 10, 2025, to allow more preparation time for financial institutions and providers. The current format of the Fedwire Application Interface Manual (FAIM) will be retired, and all messages will use the ISO 20022 standard starting July 14, 2025. For more information, you can consult the ISO 20022 Implementation Center of the Fedwire Funds Service on the Federal Reserve's website.
$XRP
#XRP
#JulioSalvaje
Yes, the statement is correct. The Federal Reserve Financial Services (FRFS) has confirmed that the Fedwire Funds Service will adopt the ISO 20022 messaging format on July 14, 2025, as part of a same-day implementation strategy. This comes after a rescheduling of the original date of March 10, 2025, to allow more preparation time for financial institutions and providers. The current format of the Fedwire Application Interface Manual (FAIM) will be retired, and all messages will use the ISO 20022 standard starting July 14, 2025. For more information, you can consult the ISO 20022 Implementation Center of the Fedwire Funds Service on the Federal Reserve's website.
$XRP
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