Bank of England defers November 2026 RTGS standards release following Swift
The Bank of England has postponed its planned RTGS standards update to maintain global alignment after Swift delayed its own release schedule.
By Orion Desk
The Bank of England confirmed it is deferring the November 2026 RTGS standards release, including messaging requirements for CHAPS payments. This decision follows Swift's choice to delay the CBPR+ standards release due to industry concerns regarding the removal of unstructured postal address formats.
Traders monitoring GBP pairs should note this alignment aims to preserve operational interoperability and mitigate transition risks for market participants. The central bank will provide further updates on revised implementation timelines as it coordinates with other global market infrastructures.
Originally published by Bank of England
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