Universal Confirmations: The final countdown
Join this webinar to find out what you need to do before the Universal Confirmations deadline.
Join this webinar to find out what you need to do before the Universal Confirmations deadline, hear how the measurement rules will apply, learn how to connect to the Basic Tracker, as well as have your questions answered by our product experts.
The Universal Confirmations deadline is just around the corner. From 22 November 2020, every eligible financial institution on SWIFT will be required to provide confirmation on all their incoming MT 103 payment instructions.
And from 5 September our Universal Confirmations measurement period kicks in. This means that all financial institutions will be measured on whether or not they are confirming at least 80% of their payments within two business days (including if they’re been transferred outside of SWIFT). Initially this information will only be visible to yourself (until June 2021), but for institutions who fail to meet the criteria by the end of November 2020, they may lose access to some features of the Basic Tracker.
Join this session to find out what you need to know before the Universal Confirmations deadline on 22 November:
- Find out about the measurement rules and how they will impact you
- Learn about the key milestones before and after the November deadline
- Find out how to connect to the Basic Tracker
- Q&A with Universal Confirmations product experts