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Bankline ISO 20022 FAQs

We're dedicated to helping you as the Bank adopts ISO 20022

The purpose of ISO 20022 is to create a common language for payments across all banks. It will also support enhanced payment data processing and improve the reconciliation process for payments within the UK and across the globe.

Find out more about ISO 20022

To help you prepare for the ISO 20022 changes coming to Bankline, please see the information below. We’ll continue to update this space as the ISO 20022 rollout progresses.

 

Upcoming changes

ISO 20022 is being introduced to Bankline in stages and by payment type. The next change is to CHAPS payments, and it’s planned for the first quarter of 2025. As part of this, you’ll see some new payment information fields appear when you’re making a CHAPS payment. For most CHAPS payments these will be optional, but for certain payments they’ll become mandatory. For example, from May 2025 certain property transactions will need a purpose code. We’ll let you know when these changes are live in Bankline. 

Importing CHAPS payments into Bankline using ISO 20022 XML Pain001.001.09

  • To help you prepare for any changes you may need to make to your import files with your software provider, (due to the updates in the first quarter of 2025) we’ve created an updated XML Pain.001.001.09 guide. Please use this to understand the upcoming changes and note: 
  • This version is not yet live, and if you include the enhanced data (such as purpose codes) the file will reject until the changes to CHAPS have been introduced. 

If you’re looking to use XML for the first time, we suggest you build to this version, rather than the March 2024 version. 

In-line with the ISO 20022 changes to CHAPS listed above, we’ll also be extending our CSV format so you can include the industry mandated CHAPS data. And we've created an advance copy of our Bankline CSV guide showing where enhanced data can be used.

Changes when importing payment files to Bankline

By February 2025: Importing CHAPS payments

You’ll be able to import CHAPS payments to include the enhanced data by using XML Pain.001.001.09 or Bankline CSV format. This is in addition to the ISO changes that happened in March 2024 for importing international SEPA payments. 

To help you prepare for any changes you may need to make to your import files with your software provider, we’ve created an advanced copy of the XML Pain.001.001.09 guide.

You’ll also find this information on ‘Swift MyStandards’ where you can upload test files to get feedback on formatting errors. We’ve created a Bankline SwiftMyStandards guide to help you get registered and connect with the Bankline online community and testing portal. Please note that this is not for Bankline Direct which has its own dedicated community.

We’ve also created an advance copy of our Bankline CSV guide showing where the enhanced data can be used.

Existing Bankline Import Payment Formats

Faster Payments

Adopting MX Formats

Business & Corporate Payments

Financial Institution Payments

Payment Advices

Statements