Demystifying ISO 20022 and SWIFT MX Messages: MasterClass

Full training on ISO 20022 and SWIFT MX Messages for payments, Preparation of ISO 20022 and CBPR+ phase 1 messages Exam

Created by: ICMI LEARNING
ICMI Learning is a technology-driven educational company

What Will I Learn?

• Understand the basic knowledge to understand the concept of ISO 20022 standard
• Understand the benefits of ISO 20022 and its impact on the payments industry
• Gain hands-on experience in working with ISO 20022 messaging
• A solid understanding of SWIFT payment flows and Standards MT messages
• Work on examples of different scenarios in credit transfers and direct debit transactions
• Serial and Cover Payments
• Learn about direct debit mandate management and management of exceptions and investigations in ISO 20022 standard
• SWIFT standards MX, CPBR+ and HVPS+
• Business Application Header (head.001)
• Financial Institution Credit Transfer (pacs.009)
• FI To FI Payment Status Report (pacs.002)
• Payment Return (pacs.004)
• Bank To Customer Debit Credit Notification (camt.054)
• Field/Tags/Elements of ISO 20022/MX messages
• Migration from Standard MT and Standards MX for payments
• Preparation of ISO 20022 and CBPR+ phase 1 messages Certification Exam Conducted by SWIFT

Requirements

• No prior knowledge or experience of payment industry/products needed

Target audience

• Individuals working with ISO 20022 messages in a financial institution
• Banking and payments professionals
• IT and Fintech Professionals working in payments related projects