Federal Reserve Financial Services will transition to the ISO^® 20022 format for the Fedwire^® Funds Service on July 14, 2025. As part of your overall readiness preparations for the upcoming migration, FRFS highly recommends that you finalize your preparedness and contingency plans as soon as possible. It is critical that you have a contingency plan in the event that you are not ready to send or receive ISO 20022 messages through the Fedwire Funds Service or your wire ecosystem is not ready for ISO 20022 messages beginning July 14, 2025. You are asked to prioritize testing, as no customer testing will be allowed on migration weekend.

Click Read More below to access the Fedwire^® Funds Service ISO^® 20022 Implementation Center for complete information on testing, education, and support.

In case you missed it: The Payments Space Podcast, Episode 23 - Last Chance for ISO 20022 Wire Migration Readiness!