The first step toward a digital future has been completed
The deadline for migration to the ISO 20022 standard has expired. From now on, payments will only be accepted as pain.001 files.
By implementing the ISO-20022 standard, the foundations have been laid for seamless digital processes in payment transactions.
The Benefits of Harmonization
- Reduction in the number of different processes available today
- Increase in processing speed
- Uniform data structuring
- Simpler implementation of regulatory requirements
Who is affected by the harmonization?
Both payers and billers are affected. Further information can be found using the main menu.