Payments Market Practice Group
A truly global forum to drive better market practices
What's new
- White paper on Auto Foreign Currency Conversion
- The PMPG clarifies key concepts and practices around foreign currency conversion and outlines some of the unintended consequences of conversion in the end to end payments chain.
- PMPG Annual Activities Report 2011 now available
- The PMPG Annual Activities Report 2011 provides an overview of the PMPG’s deliverables for 2011 and the challenges the group will focus on in 2012.
- Market Practice Guidelines for use of expanded US wire formats
- In November 2011 the US high value payments systems Fedwire and CHIPS will implement a new message format that caters for extended remittance information.