Banking Circle adopts ISO 20022 messaging standard

Wednesday 13 April 2022 15:12 CET | News

Three years ahead of the 2025 deadline for completion, Banking Circle has adopted the ISO 20022 messaging standard. 

A single common format for all financial communications, ISO 20022 allows participants and systems in different markets to communicate in a consistent message format, using agreed terminology.

Available to Banking Circle clients using SFTP and API, ISO 20022 improves end-to-end processing across domains and geographies that currently use a vast range of standards and information formats. And as a common technical language, it will make it easier for businesses to adapt to changes in the economy, technology, and innovation.

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Keywords: Banking Circle, ISO 20022, API, payments
Categories: Banking & Fintech
Companies: Banking Circle
Countries: Europe
This article is part of category

Banking & Fintech

Banking Circle

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