PMPG issues Hybrid Postal Address guide and grace period as ISO 20022 migration runs Nov 2025 to Nov 2026

The Payments Market Practice Group released a Hybrid Postal Address guide and a grace period to support banks migrating to ISO 20022. Smaller and mid-tier institutions report operational issues, with up to 10% of payments stalling in parts of the U.S. and emerging markets. Surveys indicate readiness gaps across EMEA, North America, and APAC.