ISO 20022 is a set of standards defined and maintained by the International Organization for Standardization that define the 'language' for information exchange between entities in various business areas.

When you prepare your payment files for P27, remember that you still have to fulfil the requirements on the current payment types until the new Nordic Payment type is live and cleared through P27.

Watch the video to learn more about the benefits the ISO 20022 XML format offers your business and what you should consider when changing to it. 

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