J.P. Morgan Host-to-Host File Transmission

How to prepare your payment systems

If you use File Transmission (Host to Host), SWIFT FileAct, or EBICS, you’ll need to update your payment formats to meet these requirements.

ISO20022 Version 2 (pain.001.001.02): Support for this version of credit transfers will be phased out. We encourage you to adopt ISO20022 version 3 or version 9. Although there is no immediate discontinuation date, plans to end support will be announced shortly.

ISO20022 Version 3 (pain.001.001.03):

• You should focus on aligning address data for ordering parties and beneficiaries by populating Name <Nm> tags, Postal address <PstlAdr> tags in the Creditor, Ultimate Debtor/Creditor (if applicable)
• For Debtor Agent/Creditor Agent/Forwarding Agents and Intermediary Agents
  • If you provide a SWIFT BIC. Town and Country is optional.
  • If you provide a local clearing code example American Banker Association (ABA) code /Sort code etc. Town and Country are not mandatory
• Mandatory tags are indicated in bold for your reference.

These updates will help you align with the new postal address requirements and avoid payment delays or rejections.

• Whether using the fully structured or hybrid format, you must provide at least a structured Town Name and a structured Country Code (ISO 2-letter format) for each party.
• If your records do not include the Town Name and Country Code for these parties, please prioritize contacting your payees and collecting this information as soon as possible. Timely action is essential to ensure compliance with the upcoming requirements and to avoid any disruption to your payment processing.

ISO20022 Version 9 (pain.001.001.09):

This version is currently supported in limited markets. Please reach out to your Relationship managers to discuss options.