ISO 20022 migration for SVB banking partners
During the transition to CBPR+ ISO 20022 messaging, we are collaborating with banking partners - including correspondent banks, fund administrators and other partner entities using Swift.
What our banking partners can expect
Phased migration
SVB is migrating to ISO 20022 in phases, including supporting both MT and MX standards through the initial and the main coexistence period in November 2025 and beyond, per industry deadlines.
Refer to the table below for anticipated migration timelines for various MX incoming and outgoing message types.
Faster payments, richer reporting
ISO 20022 messaging will create valuable benefits for global money movement:
- Standards harmonization
- Reduction of friction to increase speed and efficiency
- Richer data & greater insights
- Updated infrastructure to support the future state of payments
Swift resources
SVB is committed to a transparent and seamless transition for partner entities using Swift.
Migration timetables for banking partners
Below are anticipated SVB timeframes. Information is subject to change. MX message types not noted below are used less frequently by SVB.
Swift services for SVB clients
| Message Type | MT | MX | SVB Send / Receive Dates |
| Request for transfer | MT101 | pain.001 | SVB started receiving June 2025 |
| Customer Payment status report | N/A | pain.002 | SVB started sending June 2025 |
| Confirmation of credit/debit | MT900/MT910 | camt.054 | SVB starts sending Q1 2026 |
| External account statements | MT940 | camt.053 | SVB starts sending Q1 2026 |
| Statements (Loro/Vostro & Nostro) | MT950 | camt.053 | SVB starts sending Q1 2026 |
| Interim balance report | MT942 | camt.052 | SVB starts sending Q1 2026 |
Interbank Swift messaging
| Message Type | MT | MX | SVB receiving as of | SVB sending as of |
| Request for transfer | MT101 | pain.001 | June 2025 | Started Sept 2024 |
| Customer Payment status report | N/A | pain.002 | TBD (subject to bilateral agreement) | Started June 2025 |
| Customer credit transfer | MT103 | pacs.008 | March 2023 | Started Sept 2024 |
| Payment return | MT103RTN/203RTN | pacs.004 | March 2023 | Started Q3 2025 |
| Payment Status Report (rejection) | N/A | pacs.002 (rjct) | March 2023 | Started Q3 2025 |
| FI to FI credit transfer | MT202 | pacs.009 | March 2023 | Started Q3 2025 |
| FI cancellation request | MT192/MT292 | camt.056 | March 2023 | Starts Q4 2026 |
| Cancellation response message | MT196/MT296 | camt.029 | March 2023 | Starts Q4 2026 |
| Confirmation of credit/debit | MT900/MT910 | camt.054 | March 2023 | Starts Q1 2026 |
| External account statements | MT940 | camt.053 | Q1 2026 | Starts Q1 2026 |
| Statements (Loro/Vostro & Nostro) | MT950 | camt.053 | Currently not planned | Starts Q1 2026 |
| Interim balance report | MT942 | camt.052 | Q1 2026 | Starts Q1 2026 |
| Notification to receive | MT210 | camt.057 | March 2023 | Started Q3 2025 |
| Exceptions and investigations (E&I) | MT195/295/199/299 (camt.110) | camt.110 | Nov 2026 | Starts Nov 2026 |
| Exceptions and investigations (E&I) | MT195/295/199/299 (camt.111) | camt.111 | Nov 2026 | Starts Nov 2026 |