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What you need to know about the TD eTreasury® update

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ISO 20022 is a significant industry initiative that will help standardize payments and information reporting globally, thereby making your payments more secure and transparent. Many of these enhancements will only impact backend operations at the Bank, but some will impact the way you send Wire Transfers.

Changes as of June 23, 2025:

  • Recipient Address lines 1 and 2 are now a required field for all outgoing wires, domestic and international.
  • Recipient Country/Region is also now required for all outgoing wires.

How Customers can manage these new required fields:

  • The Address and Country fields must be properly populated in Recurring and Future-dated wires to prevent rejections. These fields should also be provided for Stored Recipients and Wire Templates, or an error message will be displayed when you try to use them. Please note that when you update Stored Recipients, any templates using them will automatically be updated.
  • As an additional reminder, some special characters are no longer allowed in Recipient ID, Bank to Bank Info, and Sender to Receiver Info; please review the FAQs further down this page for more details under the "How do I work with these changes?" topic.

What's new, what's changing

  • Best Practice: Accurate Address

    • Be mindful: always provide an accurate address for your Beneficiary Payee. Not doing so can lead to errors and delays.
    • If in doubt, verify the address with your Beneficiary.

  • Beneficiary Address is now required

    • As of June 23, 2025, both domestic and international wires require at least two lines of the beneficiary address.

  • Country Field

    • As of June 23, 2025, the Country field is also required for all domestic and international wires.

  • Learn more about ISO 20022

    • ISO 20022 is a global standard for financial messaging between banks and other participants in the financial system regarding business transactions and customer information.
      Money Movement and ISO 20022

TD eTreasury update FAQs

It is a standard introduced by The International Organization for Standardization (ISO) to structure, extend, and enrich the data exchanged in the electronic messages between Financial Institutions. FedWire is adopting these standards across all wire payments, including domestic and international.

  • Indirectly:

    All legacy message format used by the FED and SWIFT networks will be replaced by the new ISO 20022 standard format. It will be transparent for TD eTreasury Users.

  • Directly:

    Some optional information will become mandatory in the new ISO 20022 standard. For instance, Recipient's Address for Domestic Wires and Recipient's Country for both Domestic and International Wires. TD eTreasury Users will be required to provide this info starting from 2025.

 

 

You can contact us at 1-866-475-7262; available Monday - Friday 7:30-8 ET, Saturday: 9-1:00 ET, Sunday: closed, or by email tmss@td.com

The beneficiary (recipient) should be able to provide their full wire instructions, including the proper address. Please reach out to the beneficiary for their address and country.

Once Address and Country fields become required, the below validation message will prevent you from submitting the wire without Recipient's Address and Country.

Page errors alert

Please follow this link for more information https://www.td.com/us/en/commercial-banking/iso-20022

We're here to help

Talk to a Treasury Management Services Support representative.

Mon-Fri, 7:30AM – 8:00PM ET

Sat, 9:00AM – 1:00PM ET

1-866-475-7262, Option 1 1-866-475-7262, Option 1

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