🚨🚨 BREAKING: The future of payments just got real!
ISO 20022 IS NOW LIVE GLOBALLY. 🏦💰🌍
Say goodbye to legacy SWIFT MT messages — they’re officially being phased out. 👋
Here’s why this matters:
• From 22 November 2025, cross-border payment instructions must use ISO 20022 (MX format), not the old MT format. 
• MT messages like MT 101, MT 103, MT 202, and others will no longer be supported or will incur extra processing fees. 
• If you’re not ready, SWIFT’s in-flow translation service can convert your MT to ISO 20022—but it’s a paid contingency. 
• Why make the switch? ISO 20022 brings richer, more structured data. That means better automation, better reconciliation, and a more future-ready payments backbone. 
• Over 11,000 banks across 200+ countries are part of this transformation. 
TL;DR: The global financial system just leveled up. Get ready for cleaner data, faster processing, and a more connected world. 🌐
— Ride the wave, don’t get washed away.
