ISO 20022 Compliance | Elire Consulting

Universal Payment Identification Codes FAQ

by Maddie Caron | Feb 20, 2020 | Blog Posts, Industry Updates, Treasury

What is UPIC? Universal Payment Identification Codes (UPICs) are unique account identifiers that mimic and take the place of real account numbers on electronic (ACH) payments. They allow organizations to store external payee payment instructions internally, without...

ISO 20022: The New Bank File Format Standard

by Jordyn Fugere-Burmeister | Oct 14, 2019 | Blog Posts, Industry Updates, Treasury

Over the next 3 years, the global finance infrastructure will change firmly to the use of ISO20022 payments. Virtually all major central banks will be implementing the new infrastructure, including the US Federal Reserve, Bank of England, European Central Bank,...

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Universal Payment Identification Codes FAQ

ISO 20022: The New Bank File Format Standard

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