ISO 20022 FAQs
- What is ISO 20022?
- Why do I need to provide this new information?
Changes to Individual Payments
In order to align with the new payment standards ISO 20022, from April 2024, there will be some changes to the information we need from you when making the following payment types through IBB:
- Single European Payment Area (SEPA) Euro urgent payments
- International payments
Standard SEPA payments are not impacted.
- What new information will be needed?
Changes to Bulk Payment Files
- What is the transition period for making changes to your Bulk Payment Files?
- What payment types are impacted by this change?
- What are the main changes for ISO 20022?
- What will happen if I don’t make these changes by 19 November 2026?
- Can I use the transition period until it ends on 19 November 2026?
- Where can I access the File Specifications?
- When will AIB accept the new file formats?
- How will AIB support me with this change?
- How do I prepare for the change to my Payment Files?