Less than 10% of RTGS systems meet ISO 20022

Most non-compliant central banks plan to implement messaging protocol by 2025

The adoption of ISO 20022 messaging for real-time gross settlement (RTGS) systems among central banks remains low. But this looks set to change with 88% of respondents to the Payments Benchmarks 2022 that have not yet adopted ISO 20022 planning to integrate the data standard by 2025.

As of mid-year 2022, just 8% (3 central banks) of the 36 respondents to this section of the benchmark confirmed adoption. However, just over half (52%, or 17 central banks) of the 33 respondents that have not

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.