All ISO 20022 standard-based XML payment messages specified under the four 2023 payment scheme rulebooks entering into force on 19 November 2023 will be based on the 2019 version of the ISO 20022 standard. This migration to the 2019 version by November 2023 results from a decision taken by the back in September 2020.
On 25 May 2022, the published the guidance document EPC087-22 for payment scheme participants and payment service users on how to prepare themselves for and to handle the change-over to the 2019 version of ISO 20022 by 19 November 2023.
The document determines the concrete impact of such ISO version migration on the various payment scheme processes for the payment scheme participants and payment service users concerned.
It also gives guidance to payment scheme participants and payment service users on how they can deal with the payment initiation, acceptance and processing aspects affected by the ISO version migration.
In the run-up to the entry into force date of the 2023 payment scheme rulebooks, this guidance document may be updated from time to time based on further clarification requests from payment service users and/or payment scheme participants.