Fedwire Funds Service ISO 20022 Overview

Webinar

Fedwire Funds Service ISO 20022 Overview

Jan 9, 2025 | 11:00 am ET • 10:00 am CT | Webinar

Have you taken the necessary steps to prepare for the implementation of ISO 20022? The Federal Reserve Financial Services will implement the ISO 20022 message format for the Fedwire Funds Service on March 10, 2025. To process wires successfully, all banks must be compliant with the new format. This implementation requires coordination between banks and core providers. Speakers from the Federal Reserve will lead this webinar and explain the necessary actions to ensure a successful transition for your bank.

The following topics will be discussed:

  • Brief introduction to ISO 20022 and how it will be implemented for Fedwire Funds.

  • Timeline for this project.

  • Education tools and documentation that are available to you.

  • Banker Q&A

We want to hear from you! This is your time to ask questions of the Fed experts.

This session will not be recorded.

Duration: 60-minutes

Register

Pricing

ICBA Members Only

Complimentary

Attendance/Cancellation Policy:

  • Full payment is required prior to live webinar attendance. Digital products will be made available when full payment is received.
  • Registration fee is valid for only the individual registered. Each attendee must register.
  • Digital product purchases cannot be cancelled once the order has been processed and the product is available to use.
  • Refunds will not be granted unless there is a technical issue that cannot be resolved that prevents the purchaser from accessing and/or using the product. Refund requests for technical issues must be received within 15 days of the date of purchase. No refunds will be issued once the bank has received webinar materials or after the start date.

Continuing Professional Education Credit (CPE) Requirements (if applicable*)

  • Enter your full name when joining the webinar. Your Zoom session must display your full name and match the registration.
  • Attend the live webinar session for the duration of the session. NOTE - If attending by phone audio only, no CPE will be awarded due to participant’s inability to respond to poll questions.
  • Answer all poll questions displayed during the session.

*View CPE Credit Hours in the “Who Should Attend” section.

For more information, call 800-422-7285 or email education@icba.org.

Attendance & Cancellation Policy:

  • Full payment is required prior to live webinar attendance. Digital products will be made available when full payment is received.
  • Registration fee is valid for only the individual registered. Each attendee must register.
  • Digital product purchases cannot be cancelled once the order has been processed and the product is available to use.
  • Refunds will not be granted unless there is a technical issue that cannot be resolved that prevents the purchaser from accessing and/or using the product. Refund requests for technical issues must be received within 15 days of the date of purchase. No refunds will be issued once the bank has received webinar materials or after the start date.

Who should attend: Executives, Operations Management, IT Management, Wire Specialist

Prerequisites: Basic knowledge of banking.

Advanced Preparation: None

Program Level: Intermediate

Field of Study: Specialized Knowledge

Delivery Method: Group Internet Based.

CPE Credit Hours: N/A

Continuing Professional Education Credit (CPE) Requirements (if applicable)

  • Enter your full name when joining the webinar. Your Zoom session must display your full name and match the registration.
  • Attend the live webinar session for the duration of the session. NOTE - If attending by phone audio only, no CPE will be awarded due to participant’s inability to respond to poll questions.
  • Answer all poll questions displayed during the session.

For more information, call 800-422-7285 or email education@icba.org.

NASBA Statement

ICBA Education is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: nasbaregistry.org.

In accordance with the standards of the National Registry of CPE Sponsor, CPE credits have been granted based on a 50-minute hour.

group avatar horizontal
Leslie Lee

Payment Product Strategy Specialist

The Federal Reserve Bank of New York

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