The Federal Reserve Banks and The Clearing House Payments Company L.L.C. have been working together with the Society for Worldwide Interbank Financial Telecommunication ("SWIFT") to map the formats of the Bank Transfer message and Customer Transfer message in the Fedwire Funds Service ("Fedwire") and CHIPS to the respective ISO 20022 XML messages, which were created based on the Universal Financial Industry (UNIFI) standard.
As a result of this effort, SWIFT has created the following mapping documents:
The purpose of these mapping documents is to educate banks and software vendors that interface with the Fedwire Funds Service, CHIPS and/or SWIFT about the various message formats, helping the industry gain a better understanding of how these formats relate to each other.
The mapping documents are being provided, with the consent of SWIFT, free of charge for educational purposes only. The Reserve Banks are not responsible for the accuracy of the information contained in the mapping documents and have no obligation to update these documents to reflect any future format changes.
|Message Type||Four-Way Comparison
ISO 20022, SWIFT MT, Fedwire, CHIPS
Fedwire to ISO 20022 and vice versa
CHIPS to ISO 20022 and vice versa
||ISO 20022 PACS 009, SWIFT MT202, Fedwire BTR, CHIPS Bank (PDF)||In progress||In progress|
||ISO 20022 PACS 008, SWIFT MT103, Fedwire CTR, CHIPS Non-Bank (PDF)||ISO 20022 PACS 008 to Fedwire CTR Message (PDF)||ISO 20022 PACS 008 to CHIPS Non-Bank Message (PDF)|
"CHIPS" is a registered service mark of The Clearing House Payments Company L.L.C.
"SWIFT" is a trademark of S.W.I.F.T. SCRL
"ISO" is a registered service mark of International Organization for Standardization.
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