2023-03-28 | 315221623

Banking Circular No. 2 of 2023 - Publishing of the Domestic High Value Payments ISO 20022 Message Standards

The Central Bank of Kenya is transitioning the Kenya Payment and Settlement System (KEPSS) to ISO 20022 standards for enhanced efficiency and data analytics. The KEPSS ISO 20022 message standards are now published and accessible on the CBK MyStandard SWIFT Portal, with usage guidelines and a readiness portal available. Financial institutions are required to adopt these standards to ensure a smooth migration and modernize the National Payments System.

Kenya

Central Bank of Kenya

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