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Federal Reserve Financial Services will transition the Fedwire ® Funds Service to the ISO ® 20022 format on July 14, 2025. With this deadline fast approaching, it’s essential to take steps to ensure your institution is fully prepared. This informative session will guide attendees through the process of testing and confirming ISO 20022 message exchanges with their peers, and simulating real-world scenarios to ensure seamless processing of payments (e.g., ensuring incoming funds are credited to the correct parties).
Additionally, we’ll emphasize the importance of developing strong preparedness and contingency plans to safeguard against potential disruptions.
This session will not be recorded.
Learning Objectives:
Duration: 60-minutes
ICBA Members
Complimentary
Unlimited Webinar Pass subscription: $0
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
For more information, call 800-422-7285 or email [email protected].
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.
Payment Product Strategy Specialist
The Federal Reserve Bank of New York
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