🚀 SWIFT to Enforce Structured Address Data in Payment Messages by November 2026
#SWIFT #ISO20022 #StructuredData #PaymentMessages #Blockchain #FinancialInstitutions #PaymentProcessing #LegacySystems #DataStandardization #FinanceTechnology
SWIFT will begin rejecting payment messages containing unstructured address data starting November 14, 2026. According to NS3.AI, this move is part of SWIFT's broader initiative to ensure the complete adoption of the ISO 20022 standard by financial institutions. Previously, SWIFT retired its legacy MT payment messages on November 22, 2025. The transition to structured data aims to minimize manual processing errors and enhance connectivity with blockchain-based settlement networks.#SWIFT #ISO20022 #StructuredData #PaymentMessages #Blockchain #FinancialInstitutions #PaymentProcessing #LegacySystems #DataStandardization #FinanceTechnology