ISO 20022 migration (CBPR+)
DZ BANK’s concrete implementation plan
ISO 20022 migration (CBPR+) at DZ BANK
Information for the exchange of messages with banks in the context of the changeover to ISO 20022 (MX) for cross-border payments and reports (CBPR+)
On November 21st, 2022, cross-border payment messages via SWIFT will be converted to an ISO 20022-based messaging (CBPR+ = cross border payments and reporting). It is the start of a three-year coexistence period of MT and MX formats which will allow banks to already benefit from the richer, structured data of the XML standard, while other banks will use a longer transition period to switch from MT to MX. Passive accessibility for the MX formats is already mandatory from November 21st, 2022. All banks must have converted to ISO 20022 by the SWIFT release in November 2025 at the latest.
ISO 20022 migration (CBPR+): DZ BANK’s concrete implementation plan
Outgoing Messages
From the time of the changeover, DZ BANK will exclusively send messages to other banks in the new MX format (pacs.008 or pacs.009) for the current MT formats MT 103 (single customer credit transfer) and MT 202 (general financial institution transfer).
For the MT 9** messages listed in the table, no conversion to MX is planned for the time being.
If you would like to receive MX format for these message types as of November 21st, 2022, please contact zv-one@dzbank.de.
For message types for which there is no translation into MX formats, MT messages will continue to be sent by default, e.g. MT 110, MT 190, MT 290.
Outgoing Messages
| SWIFT MX | pacs.002 | pacs.008 | pacs.009 | camt.057 | camt.053 | camt.052 | camt.053 |
| SWIFT MT | MT 012 | MT 103 | MT 202 | MT 210 | MT 940 | MT 942 | MT 950 |
| DZ BANK Outgoing Messages |
No outgoing MT 012 or pacs.002 will be sent | MX format starting 21.11.2022 |
MX format starting 21.11.2022 |
No outgoing MT 210 or camt.057 will be sent |
Outgoing MX format also possible on request starting 21.11.2022 |
Outgoing MX format also possible on request starting 21.11.2022 |
Outgoing MX format also possible on request starting 21.11.2022 |
Incoming Messages
For incoming messages, DZ BANK will follow the SWIFT’s recommendation and offer a service-oriented transitional solution. From November 21st, 2022, DZ BANK will then be able to receive messages in both MT and MX format. From the SWIFT release in November 2025 onwards, all banks must have switched to ISO 20022 and from then onwards only messages in MX format will be accepted.
Incoming Messages
| DZ BANK Incoming Messages |
MT and MX format accepted starting 21.11.2022 |
Test partner for ISO 20022 migration (CBPR+)
DZ BANK is available to other banks as a test partner in the context of the upcoming ISO 20022 migration (CBPR+).
If you would like to start test activities with us, please send an email to zv-one@dzbank.de.
Our contact address for any enquiries or information in the context of the ISO 20022 migration (CBPR+) is: zv-one@dzbank.de
