Prepare for the Fast Approaching Fedwire Funds Service ISO 20022 Implementation

Webinar

Prepare for the Fast Approaching Fedwire Funds Service ISO 20022 Implementation

Apr 17, 2025 | 11:00 am ET • 10:00 am CT | Webinar

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:

  • Understand the latest updates on the implementation of the new ISO 20022 format.
  • Recognize the importance of conducting thorough testing prior to the ISO 20022 implementation.
  • Develop effective preparedness and contingency plans to ensure a smooth transition and minimize disruptions.
  • Engage in a Q&A session to address specific concerns and gain insights from experts.

Duration: 60-minutes

Pricing

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

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Leslie Lee

Payment Product Strategy Specialist

The Federal Reserve Bank of New York

Code of Conduct

Registration, attendance, or participation at this event constitutes an agreement to adhere to the ICBA code of conduct and complaint policy. ICBA aims to be welcoming, safe, and inclusive to all participants, with the most varied and diverse backgrounds possible.

As such, The Independent Community Bankers of America (“ICBA” or the “Association”) has adopted a zero-tolerance policy toward all forms of unlawful discrimination and harassment.

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