Inside Sibos | ISO 20022 & Data | 2

🧰✅ Five ISO 20022 data rules that pay for themselves. Why it matters: A tiny bit of front‑door discipline removes back‑office noise fewer RFIs (requests for...

🧰✅ Five ISO 20022 data rules that pay for themselves.
Why it matters: A tiny bit of front‑door discipline removes back‑office noise fewer RFIs (requests for information), higher STP, happier clients.
1. Make context mandatory (where it counts). Require purpose or structured remittance on B2B above a threshold.
2. Nudge identity. Encourage LEI for cross‑border originators/beneficiaries (corporates get the hint when they see fewer delays).
3. Stop junk at the channel. Reject "XXXX/ /N/A"; show the client a quick fix‑tip.
4. Catch downgrades. Alert senders if data will be lost when translating to MT for a non‑ISO counterparty.
5. Close the loop. Send a simple monthly fill‑rate report to your top 50 corporate senders coach, don't scold.

Topics: ISO 20022, SWIFT, Data Quality