Migrating to ISO 20022 – FL CBPR+ Translator

Cross-border Payments and Reporting Plus ( CBPR+) is a SWIFT program for adopting ISO 20022 standards for cross border payments and reporting messages in correspondent banking.


Based on a SWIFT community decision, by November 2025, all legacy MT Categories 1, 2, and 9 of MT messages will be retired as cross-border payments and reporting traffic will migrate to the ISO 20022 format. That will mark the end of the co-existence period.


FL-SISTEM can provide the tool – “FL CBPR+ Translator” - that will enable banks to translate messages from MT format to ISO 20022 format and vice versa, thereby reducing the development costs and risks associated with moving to the new standard. FL CBPR+ Translator allows a bidirectional conversion of messages between SWIFT MT and SWIFT MX formats according to CBPR+ ISO 20022 Standard.


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