Payments Market Practice Group

Bringing together payments industry experts to define market practice

Driving better market practices

The Payments Market Practice Group (PMPG) provides a global forum to drive better market practices which, together with correct use of standards, will help in achieving full straight-through processing and improved customer service.

ISO20022

Following the launch of the ISO 20022 Harmonisation Charter, an industry-driven framework to facilitate the rollout of ISO 20022 globally, SWIFT has formed a global market practice task force of markets infrastructures and banks. Sponsored by the Payments Market Practice Group (PMPG), the task force aims to address the evolving ISO 20022 standards requirements of high value payments systems (HVPS) providers. It is a key component of SWIFT’s ISO 20022 harmonisation initiative.

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Document center

PMPG
Last update: 
20 September 2019

Adoption of LEI in Payment Messages

PMPG White paper
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  • PMPG White papers
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PMPG
Last update: 
20 September 2019

Industry Initiatives

PMPG White paper
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  • PMPG White papers
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PMPG
Last update: 
11 September 2019

Recovery of suspected fraudulent transactions

Market Practice Guidelines – Fraud Mitigation Part II
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  • PMPG Market practice Guidelines
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