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Swift warns of November 2026 ISO 20022 deadline for cross-border payments compliance.

Market News
20 Jun 2026
UToday
View Source
Bullish
pluang ai news

Swift announced that from November 2026, cross-border payments must comply with the ISO 20022 standard, specifically banning fully unstructured postal addresses in CBPR+ messages to avoid payment delays or rejections. This update aims to improve data quality and transparency in global payments. Ripple, which uses blockchain and stablecoins for cross-border payments, has proactively embraced ISO 20022 compliance since 2020 and meets multiple global standards, suggesting it is prepared for the upcoming changes. The deadline highlights the growing importance of standardized payment messaging in the financial industry.

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