FedNow Service

FedNow ISO 20022 Message Specifications

The core scheme messaging surface of the FedNow Service. FedNow is ISO 20022 native and defines message types for customer credit transfers, requests for payment, interbank liquidity transfers, and system/account reporting. The current message specifications, implementation guide, message flows, and readiness/testing portal are hosted on SWIFT MyStandards and require a SWIFT account to access.

GitHub

Documentation

📖
Documentation
https://www.frbservices.org/financial-services/fednow/what-is-iso-20022-why-does-it-matter
📖
APIReference
https://www2.swift.com/mystandards/#/group/Federal_Reserve_Financial_Services

API entry from apis.yml

apis.yml Raw ↑ 
aid: fednow:fednow-iso-20022-message-specifications
name: FedNow ISO 20022 Message Specifications
description: The core scheme messaging surface of the FedNow Service. FedNow is ISO 20022 native and defines
  message types for customer credit transfers, requests for payment, interbank liquidity transfers, and
  system/account reporting. The current message specifications, implementation guide, message flows, and
  readiness/testing portal are hosted on SWIFT MyStandards and require a SWIFT account to access.
humanURL: https://www.frbservices.org/financial-services/fednow/what-is-iso-20022-why-does-it-matter
tags:
- ISO 20022
- Messaging
- Real-Time Payments
properties:
- type: Documentation
  url: https://www.frbservices.org/financial-services/fednow/what-is-iso-20022-why-does-it-matter
- type: APIReference
  url: https://www2.swift.com/mystandards/#/group/Federal_Reserve_Financial_Services