April 2026: On the Wire – Newsletter
Testing update for November 2026 release
Changes to the Fedwire® Funds Service planned for implementation on Nov. 16, 2026, will ensure Federal Reserve Financial Services (FRFS) maintains smooth interoperability with Swift® and CHIPS®. Read on to learn more about how to ensure your institution’s readiness and what resources can assist you.
To help you prepare for the November 2026 release, customer testing will be available in the coming months (see schedule below for details). For questions about customer testing, please contact our Wholesale Testing Services.
| Customer type | What can I test? | |
|---|---|---|
| Monday, May 4 | Thursday, June 18 | |
| FedLine Direct® | All changes described in the Implementation Guide’s Document Change History, including postal address changes. Note: Excludes investigation messages. | Investigation messages (i.e., camt.110 and camt.111). |
| FedLine Advantage® (manual entry and import) | Not available. Note: Reserved for FedLine Direct customers only to avoid disruptions. | All changes described in the Scope document available in the “Help” link, including postal address changes and option to create payment return for past messages. Note: Investigation messages and bulk verify feature for imported messages will be available for testing in July 2026. |
Save the date: Peer-to-peer testing schedule now available
Peer-to-peer testing opportunities coordinated by FRFS will be held in the DIT2 environment on the weekdays listed below:
- Thursday, Aug. 13 and Tuesday, Aug. 25
- Tuesday, Sept. 15 and Tuesday, Sept. 29
- Thursday, Oct. 8 and Tuesday, Oct. 20 (intended for retesting)
Registration forms for these dates are expected to be available in June via the Fedwire Funds Service Release DIT2 Peer-to-Peer Test Schedule page. Wholesale Testing Services will provide a document of testing scenarios ahead of the testing dates.
Resources to help you prepare
- November 2026 format specifications (i.e., Implementation Guide, Readiness Portal Guide, usage guidelines) available on Swift’s MyStandards® platform
- November 2026 release on-demand webinar (Off-site) and upcoming drop-in sessions (see below for registration information)
- Preparedness checklists by customer type
- FedPayments® Manager – Funds November 2026 Release Scope document, available via the “Help” link within the FedPayments Manager – Funds application
November 2026 release drop-in sessions
Thursday, May 28 at 2 p.m. ET
Tuesday, July 21 at 2 p.m. ET (register)
- Get answers to your specific questions about the November 2026 release
- Address any other implementation concerns
- Connect directly with our technical specialists
FedLine Advantage Import users: Removal of “None” verification option and new bulk verify feature
As part of the November 2026 release, the “None” verification option available for imported messages will be removed. As of November 16, customers with the “None” verification option will be defaulted to “Key $Amount,” meaning that every value message must be verified one at a time. Import customers can only use the “Key $Amount” or “Sight” verification options after this date. A new bulk verify feature (up to 200 messages at a time) with the “Sight” verification option will be available for imported messages only. Additional information about the bulk verify feature will be provided in the updated Import Messages and Processing Options Quick Reference Guides that will become available in the “Help” link in mid-May.
Updated FAQs
We recently updated our Frequently Asked Questions section to address questions related to the November 2026 release (e.g., postal address changes, how FedLine Direct prior-day retrievals will be supported). Please check out the new questions and answers. If your question has not been answered in the FAQs, join us at our next drop-in session or contact us directly.
Why ISO® 20022? How this global payment standard matters for fraud mitigation
Learn how ISO 20022 enables richer and better-structured data to enhance payments efficiency and increase global interoperability. The first blog article (Off-site) in this series on fedpaymentsimprovement.org examines how financial institutions can leverage the structured, richer data that ISO 20022 provides to enhance their fraud mitigation efforts.
More information
Please contact our dedicated team of experts to assist you with any questions related to the Fedwire Funds Service. Be sure to bookmark the Fedwire Funds Service ISO 20022 Implementation Center to access the latest information (e.g., view on-demand webinars, register for live events).