Half of central banks have yet to adopt ISO 20022 in RTGS systems
Adoption rate increased sharply in 2025 with more planning to upgrade soon
Around half of central banks have not yet adopted the ISO 20022 messaging standard in their real-time gross settlement (RTGS) systems, but most will upgrade soon, data from the Payments Benchmarks 2025 shows.
Among the 49 central banks that shared data on ISO 20022 adoption, 44.9% have fully adopted the standard and 6.1% have adopted it in some systems but not all. The remaining 49% have yet to adopt the standard.
Of those that have not yet adopted ISO 20022, all but four central banks (15% of
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