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ISO 20022 migration for SVB banking partners
As SVB transitions 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 the MT and MX standards until the end of the co-existence period in November 2025, 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.
If you have questions, please email our ISO SWIFT Team.
If you have questions, please email our ISO SWIFT Team.
SWIFT services for SVB clients
| Message Type | MT | MX | SVB Send / Receive Dates |
| Request for transfer | MT101 | pain.001 | SVB starts receiving Q2 2025 |
| Customer Payment status report | N/A | pain.002 | SVB starts sending Q3 2025 |
| Confirmation of credit/debit | MT900/MT910 | camt.054 | SVB starts sending Q3 2025 |
| External account statements | MT940 | camt.053 | SVB starts sending Q3 2025 |
| Statements (Loro/Vostro & Nostro) | MT950 | camt.053 | SVB starts sending Q3 2025 |
| Interim balance report | MT942 | camt.052 | SVB starts sending Q3 2025 |
Interbank SWIFT messaging
| Message Type | MT | MX | SVB receiving as of | SVB sending as of |
| Request for transfer | MT101 | pain.001 | Q2 2025 | Started Sept 2024 in phases |
| Customer Payment status report | N/A | pain.002 | TBD (subject to bilateral agreement) | Q2 2025 |
| Customer credit transfer | MT103 | pacs.008 | March 2023 | Started Sept 2024 in phases |
| Payment return | MT103RTN/203RTN | pacs.004 | March 2023 | Starts Q3 2025 in phases |
| Payment Status Report (rejection) | N/A | pacs.002 (rjct) | March 2023 | Starts Q3 2025 in phases |
| FI to FI credit transfer | MT202 | pacs.009 | March 2023 | Starts Q3 2025 in phases |
| FI cancellation request | MT192/MT292 | camt.056 | March 2023 | Q2 2026 |
| Cancellation response message | MT196/MT296 | camt.029 | March 2023 | Q2 2026 |
| Confirmation of credit/debit | MT900/MT910 | camt.054 | March 2023 | Q3 2025 |
| External account statements | MT940 | camt.053 | Q1 2026 | Q3 2025 |
| Statements (Loro/Vostro & Nostro) | MT950 | camt.053 | Currently not planned | Q3 2025 |
| Interim balance report | MT942 | camt.052 | Q1 2026 | Q3 2025 |
| Notification to receive | MT210 | camt.057 | March 2023 | Q3 2025 |
| Exceptions and investigations (E&I) | MT195/295/199/299 (camt.110) | camt.110 | TBD (Based on SWIFT roadmap) | TBD (Based on SWIFT roadmap) |
| Exceptions and investigations (E&I) | MT195/295/199/299 (camt.111) | camt.111 | TBD (Based on SWIFT roadmap) | TBD (Based on SWIFT roadmap) |