ISO 20022 Consultation Paper: A Global Standard to Modernise UK Payments

Categories : Digital Money and payments, Technology and Operational Enablers

Posted: June 18, 2018

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The major UK payments systems are moving to the new global messaging standard for payments known as ‘ISO 20022’. This consultation paper discusses views on the proposed strategy for aligning credit payment messages across CHAPS, Bacs, and Faster Payments with the new global standard.

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