Today, the European Payments Council ( ) has published version 1.1 of the 2023 Instant Credit Transfer rulebook and related document on the maximum amount. This rulebook version replaces with immediate effect version 1.0 of the 2023 rulebook published in May 2022. It highlights the new entry-into-force time of the rulebook and the preceding -wide downtime period.
The first change compared to version 1.0 is the amended entry-into-force time of the 2023
rulebook which is now set at 03:30 CET on 19 November 2023. The second change is a
-wide 30 minutes downtime period for the
scheme from 03:00 CET up to 03:30 CET. During that downtime period, no single
instruction, transaction, r-transaction, transaction investigation and any response message related to them will be possible across
.
The
decided upon these changes to help all
scheme participants and their
service-supporting technical partner(s) to make a smooth change-over of their relevant
systems, infrastructures and applications from the 2009 version to the 2019 version of the ISO 20022 standard on 19 November 2023.
Up to 03:00 CET, all
payment messages will be in the 2009 version of the ISO 20022 standard. As of 03:30 CET, all
payment messages will be in the 2019 version of that same standard.
Related to this decision, the
has also published version 2.0 of the guidance document on the migration to the 2019 version of the ISO 20022-based XML messaging standard. The document determines the concrete impact of the ISO version migration on the various
payment scheme processes for the
payment scheme participants and payment service users concerned. This version now outlines the new entry-into-force time of the 2023
rulebook, the related preceding
-wide downtime period and the explicit guidance to all
scheme participants to duly inform and well in advance their customers about the
-wide downtime.
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