so next 4 years going to chaotic for banks and payment system providers.

SwiftConverter supports a wide range of file formats. SWIFT itself mentions MX as richer, smarter and faster.Īs per original plan of SWIFT> MT category 1, 2 and 9 messages used in cross-border and cash reporting payments will be decommissioned in November 2025. This extension lets you convert media, documents and audio easy and fast from one format to another.

If your project is big enough as an App Store app, it may be very hard. Seems that most of the vendors and banks have to carry on both (MT and MX ) for pretty long time, though at first glance it always looks that MX has the edge. Get an external HDD and install High Sirra on it (you should check whether your Mac can boot High Sierra from the HDD) - Migrate your project to Swift 3.3+ manually (Swift 2 to 3 migration is very difficult even when using migrator. Either push MX or push GPI else this chaos will keep on continued. Already lot of changes happened related GPI, so equivalent to GPI, SWIFT needs to announce.

SWIFT has not identified mapping for few MT messages for payments, Ex MT190/191/199 /290/291/299 types.ģ. so MX is providing advantage ,where less number of message formats have to be dealt with.Ģ. Single MX message will be able to cover multiple SWIFT messages.Yes still lot of payment solutions are busy in making this change but few advance ISO20022 compliant solutions (Yes Finacle Payment Hub is ISO20022 compliant solution) have not much to worry, as already they are dealing with such message formats. Sharing the official link from SWIFT for MT to MX equivalent messages. Open the project: open SwiftKotlin.

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