ISO 20022 for the Automated Information Facility (AIF)

The Reserve Bank is undertaking a migration of RITS Automated Information Facility (AIF) messages from Swift MT format to ISO 20022 message format.

The RITS AIF is an enquiry and reporting service used by Exchange Settlement Account (ESA) holders to perform ESA credit and liquidity management and to receive ESA statements. It is a service offered to a Closed User Group (CUG) of RITS members. The AIF currently uses Swift MT messages exchanged over the SWIFT FIN network. A co-existence period, expected to begin in late 2024, will allow AIF participants to progressively migrate to the equivalent ISO 20022 message formats.

For further information, including a high-level timeline and the list of AIF MT messages to be migrated to the ISO 20022 format, please see:

• Information Paper – Migration of the RITS AIF to ISO 20022 Messaging (July 2023) (PDF)

• RITS AIF ISO 20022 Migration – Subscribing to the AIF ISO 20022 Service

• RITS AIF ISO 20022 Migration - Onboarding and Testing