What to expect
When initiating free-form Wires or Book Transfer payments, you will notice updated field labels in the Routing/Reference Information section. These changes apply to all parties where address information may be entered, including Beneficiary, Beneficiary Bank, Intermediary Bank, and By Order Of.
Currently, your addresses are captured in an unstructured format.
To comply with hybrid address standards, reformat your address details according to the updated labels.
User recommendations
- Enter the City/Town in its dedicated field.
- Move State/Province and Zip/Postal Code information to the end of Address Line 2, where applicable.
- Address Lines 1 and 2 will allow up to 51 characters each, giving you more space to include all necessary address details. If Address Line 2 exceeds the limit, move the overflow from the beginning of Address Line 2 to the end of Address Line 1 to maintain the correct order.
When initiating US Drawdowns, you will see the same label changes.
Currently, addresses are captured in an unstructured format.
To comply with hybrid address standards, reformat your address details according to the updated labels.
User recommendations
- Enter the City/Town in its dedicated field.
- You can move State/Province and Zip/Postal Code information to the end of ‘Address’ field, where applicable.
- ‘Address’ field will allow up to 51 characters, giving you more space to include all necessary address details.